Bug Report? Turbotax Premiere 2023. On a 1040 form for joint filing, the standard deduction applied is "$29,200". Should be "$27,700" for TaxYear 2023??

I think the 2024 standard joint amount is $29,200 and the 2023 standard joint amount is $27,700.

280

Level 15

Nov 16, 2023 6:35:47 AM

Are you filing a joint return? Is one of you 65 or older?

2023 STANDARD DEDUCTION AMOUNTS

SINGLE $13,850 (65 or older/legally blind + $1850)

MARRIED FILING SEPARATELY $12,850 (65 or older/legally blind + $1500)

MARRIED FILING JOINTLY $27,700

(65+/legally blind) ) + $1500 per spouse

HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)