When is turbo tax going to be updated with the new standard deduction amount?

[DoninGA · Accepted solution]

The Standard Deductions for tax year 2017 are correct.  The new standard deductions will be effective for tax year 2018 and beyond.

Standard deductions for 2017 

• Single - $6,350 add $1,550 if age 65 or older
• Married Filing Separately - $6,350 add $1,250 if age 65 or older
• Married Filing Jointly - $12,700 add $1,250 for each spouse age 65 or older
• Head of Household - $9,350 add $1,550 if age 65 or older