$6,000 bonus deduction

5 replies
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We have just downloaded the 2025 Lacerte program. I have entered some data to determine how the bonus deduction will work and it's not. Is this deduction an update that will be done later?

M-MTax

Level 15

You should post your question in the Intuit Accountants Community.

https://accountants.intuit.com/community

rjs

Level 15

This is the TurboTax community. You should post your question about Lacerte in the Lacerte Tax community.

MiamiVice99

Level 2

Was the $6,000 temporary bonus automatically entered in Turbo Tax program

VolvoGirl

Level 15

It should be automatic. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it if you qualify.

1040 Schedule 1-A, page 2 Part V Enhanced Deduction for Seniors

https://www.irs.gov/pub/irs-pdf/f1040s1a.pdf