i am trying to file my 2018 taxes, Turbo Tax selected standard deduction and i want to itemize. I have tried the solution in the chat board but it does not show at the end "change my deduction" What else can i do?
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When you put in the information for all of your Itemized Deductions, TurboTax will see if they are more than the Standard Deduction, based on your filing status. If your Itemized Deductions are greater than the Standard Deduction, TurboTax will use Itemized Deductions.
If you want to elect to use Itemized Deductions, even if they are less than the Standard Deduction, you can switch to the forms mode, in the upper right hand corner on a PC, and go to Schedule A. Open Schedule A and at the bottom of the form is a box you can check to force the program to use the Itemized Deductions.
Thank you. I did do that and i called in and did it again with help and we were able to changed it to itemized, but for some reason it's not recalculating right. My itemized deduction are more $42K than the standard but the software is still showing the standard amount. $24K
This may be a strange question, but is your taxable income after taking the standard deduction showing '0'? If so, claiming itemized deductions instead of the standard deduction is not necessary or beneficial. It would only require you to file an additional form that is not needed.
Having taxable income be reduced to zero does not mean that your tax liability should also be zero. You may be subject to taxes other than income tax, such as self-employment tax.
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