Has anyone else seen the standard deduction is wrong on their form?

[gschaag14]

My completed 1040 list my standard deduction for filing joint as $24400 but it should be 24800.

[xmasbaby0]

Are you using 2020 software or 2019 software?   

2019 Standard Deduction Amounts

Single $12,200   (+ $1650 65 or older)

Married Filing Separate  $12,200   (+ $1300 if 65 or older)

Married Filing Jointly $24,400   (+ $1300 for each spouse 65 or older)

Head of Household $18,350  (+ $1650 for 65 or older)

2020 Standard Deduction Amounts

Single $12,400   (+ $1650 65 or older)

Married Filing Separate  $12,400   (+ $1300 if 65 or older)

Married Filing Jointly $24,800   (+ $1300 for each spouse 65 or older)

Head of Household $18,650  (+ $1650 for 65 or older)

[Carl]

Checked mine, and it's spot on correct at $24,800 for MFJ.

Did you elect to over ride the program selection and change it it itemized deductions maybe?  There are situations where the law requires it, regardless of the standard deduction being higher. But that only applies to married filing separate as far as I know.

Additionally, if your income is less than the standard deduction then the amount allowed is 100% of your earned income, plus $350. So if you have only $24,050 of taxable earned income, that amount plus $350 comes to $24,400 - meaning that your tax liability is zero provided you do not have more than $350 of other, unearned income.