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??

Taxpuppy1 · ‎November 16, 2023

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

xmasbaby0 · ‎November 16, 2023

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)

**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.**

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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??