turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Standard deduction and itemized deduction giving the same refund amount even though total itemized deductions are much higher than the standard deduction amount?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
KathrynG3
Expert Alumni

Standard deduction and itemized deduction giving the same refund amount even though total itemized deductions are much higher than the standard deduction amount?

Unfortunately, we cannot see your return in this forum to observe exactly what is happening.

 

The standard deduction amount is based on your filing status whereas the itemized deductions are more unique to your circumstances. If the itemized deductions exceed the standard deduction, the itemized deductions will be recommended.

Standard deduction and itemized deduction giving the same refund amount even though total itemized deductions are much higher than the standard deduction amount?

Do you think you will have enough to itemize?  The Standard Deduction has increased so many people will be switching to the Standard Deduction.  And there is a max 10,000 limit (5,000 MFS) of property tax and state taxes "SALT".  SALT is State And Local Tax.  Which includes property tax, any state tax paid like for last year’s return and includes any state withholding from your W2s and any 1099s you have. And any taxes in W2 box 14 and 19 like SDI or VDI. You can only deduct up to 10,000 (5,000 MFS) for SALT State and Local Taxes.

 

And you can only deduct Medical that’s over 7.5% of your AGI.  Also the deduction for job expenses have been suspended.

 

For 2019 the standard deduction amounts are:

Single 12,200 + 1,650 for 65 and over or blind

HOH 18,350 + 1,650 for 65 and over or blind

Joint 24,400+ 1,300 for each 65 and over or blind

Married filing Separate 12,200 + 1,300 for 65 and over or blind

 

 If it's giving you the Standard Deduction and  not showing you Schedule A you can check the actual amount of itemized deductions by using by going to

Tax Tools on left

Tools - Topic Search (top left box)

Type in  itemized deductions, choosing.  It should highlight that in the list, click on GO

 

Then Click on "Change my deduction". That will display the actual amount of itemized deductions vs. the standard deduction.    (Be sure to uncheck "Change my deduction" after checking it so you do not lock in the wrong deduction.

 

How to change between the Standard Deduction and Itemized Deductions

https://ttlc.intuit.com/community/accessing/help/how-do-i-change-from-the-standard-deduction-to-item...

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question