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Level 1
March 26, 2022
Solved

standard deduction 2021

  • March 26, 2022
  • 2 replies
  • 16 views

why is my standard deduction 2021 shown as 28400

    Best answer by AnnetteB6

    Your standard deduction could be $28,400 if the following conditions are all true:

     

    • You are using the Married Filing Joint filing status -- $25,100
    • Either you and/or your spouse were born before January 2, 1957 or you and/or your spouse were blind as of December 31, 2021 (two of those statements apply out of the four possibilities) -- $1350 for each instance
    • You made cash charitable contributions of at least $600 and those were entered into your tax return -- $600 Cares Act charity deduction

    The total would be $25,100 + $1350 + $1350 + $600 = $28,400.

     

     

    2 replies

    Level 15
    March 26, 2022

    It’s not 27800 and you didn’t itemize?

    AnnetteB6Answer
    Level 15
    March 26, 2022

    Your standard deduction could be $28,400 if the following conditions are all true:

     

    • You are using the Married Filing Joint filing status -- $25,100
    • Either you and/or your spouse were born before January 2, 1957 or you and/or your spouse were blind as of December 31, 2021 (two of those statements apply out of the four possibilities) -- $1350 for each instance
    • You made cash charitable contributions of at least $600 and those were entered into your tax return -- $600 Cares Act charity deduction

    The total would be $25,100 + $1350 + $1350 + $600 = $28,400.

     

     

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