Standard vs Itemized Deductions

Forum|Forum|5 years ago
January 7, 2021
10 replies
31 views

Filing single, no dependants, $0 income.

“Your standard deduction is $12,400 and your itemized deduction is $0. Since your standard deduction is more than or equal to your itemized deduction, we'll use it as your deduction.”

Just confused as to why the deduction would be $12,400 when no deductions were made ?

When using the non-filers in 2019, the deduction was $0. Why won’t it allow it to be $0 in 2020 when using TurboTax?

Critter-3

Level 15

Everybody gets the larger of the standard deduction ($12,400 for single filing status) or the itemized deduction on an income tax return no matter what your income is ... the is standard operation of the form 1040 and is correct. Don't let it trip you up. Now if you are filing just to get the stimulus money then you will need to wait until they update that section of the program ... return after 1/20 if you have not received the check in the mail to see if it is updated yet and ready to efile.

Critter-3

Level 15

And on the 2019 non filer tax form there was a standard deduction as well if you print a copy of the return ... you just did not see that screen last year.

vstaxAuthor

Level 2

RE: And on the 2019 non filer tax form there was a standard deduction as well if you print a copy of the return ... you just did not see that screen last year.

^ The deduction section on that form when saved/printed is a grey block, so when uploaded to TurboTax it comes up as $0.

Hence my confusion when TurboTax did the 2019-2020 year comparison and 2019 said $0 and 2020 said $12,400.

I see now 2019 should have said $12,200.