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NewCastle
Level 3
March 21, 2022
Question

Forms Mode What-if sheet 2022 Standard Deduction

  • March 21, 2022
  • 1 reply
  • 0 views

I'm using the Windows Desktop Premier.   In forms mode, using the what-if form, with the 2022 tax rates option checked.

I believe the Standard deduction for Single over age 65 should be 14,700. 

Tax year 2021 deduction is shown.

 

    1 reply

    X
    Level 15
    xmasbaby0Level 15
    Level 15
    March 21, 2022

    2022 STANDARD DEDUCTION AMOUNTS

     

    SINGLE $12,950  (65 or older + $1750)

     

    MARRIED FILING SEPARATELY $12,950  (65 or older + $1750)

     

    MARRIED FILING JOINTLY $25,900  (65 or older + $1400 per spouse)

     

    HEAD OF HOUSEHOLD  $19,400  (65 or older +$1750)

     

    Legally Blind + $1750

    **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.**
    N
    NewCastleAuthor
    Level 3
    March 21, 2022

    Yes, I know.    My issue is that the What-if Worksheet in forms mode doesn't know.     Do you have a way to forward my consern to Turbo Tax help desk?

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