Would you like to take your standard deduction instead of your larger itemized deductions? yes or no?

[greenbay_11]

This is my first time using turbo tax and i am confused on this question?

[ghost]

The larger number results in a lower taxable income and therefore a lower tax. Most will opt for the larger itemized amount.

[Bsch4477 · Accepted solution]

Answer no since your itemized deductions are greater than your standard deduction giving you a tax benefit.