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The HOH Standard deduction is 18,650, but Turbotax says mine is 20,500, any idea why?

 
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2 Replies

The HOH Standard deduction is 18,650, but Turbotax says mine is 20,500, any idea why?

Are you 65 or older?

 

2021 STANDARD DEDUCTION AMOUNTS

 

SINGLE $12,550  (65 or older + $1700)

 

MARRIED FILING SEPARATELY $12,550  (65 or older + $1350)

 

MARRIED FILING JOINTLY $25,100  (65 or older + $1350 per spouse)

 

HEAD OF HOUSEHOLD  $18,800  (65 or older +$1700)

 

Legally Blind + $1350

 

 

 

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)

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
TomK100
Expert Alumni

The HOH Standard deduction is 18,650, but Turbotax says mine is 20,500, any idea why?

Standard deduction for Head of Household is $18.800 for 2021.  If you said that you are 65 or older, the amount is $20.500

 

Did you mean to say that you are 65 or older, or did you accidently indicate that you ae?

 

Go back and check your answers in the Personal Information section.

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