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New Member
posted Jun 3, 2019 11:25:03 AM

I am filing married jointly. The deduction on the form TurboTax filled in was 25300. Why isnt it 24000?

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1 Best answer
Expert Alumni
Jun 3, 2019 11:25:04 AM

If you or your wife is over age 65, you receive an additional $1,300 for your Standard Deduction.

1 Replies
Expert Alumni
Jun 3, 2019 11:25:04 AM

If you or your wife is over age 65, you receive an additional $1,300 for your Standard Deduction.