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EricP5
Level 1

Why is Form 1040 Line 12a 26,450? It should be the standard deduction 25,100 (my itemized deductions are much less). Also Line 12b is blank but should be 600.

This appears to be a software bug.
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Critter-3
Level 15

Why is Form 1040 Line 12a 26,450? It should be the standard deduction 25,100 (my itemized deductions are much less). Also Line 12b is blank but should be 600.

Ok ... the standard deduction is $25100 + 1350 if one of you is 65 or older.

 

And the charitable  deduction is not functional yet... try again next week.

 

 

View solution in original post

1 Reply
Critter-3
Level 15

Why is Form 1040 Line 12a 26,450? It should be the standard deduction 25,100 (my itemized deductions are much less). Also Line 12b is blank but should be 600.

Ok ... the standard deduction is $25100 + 1350 if one of you is 65 or older.

 

And the charitable  deduction is not functional yet... try again next week.

 

 

View solution in original post

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