I am married with 1 child. why when i add my deductions such as mortgage interes and real estate tax the standard decuction gets higher then 24000.

winnienme2 · ‎June 3, 2019

why does the standard deduction go up when my expensive are higher then 24000.?

Vanessa · ‎June 3, 2019

If you are adding expenses and seeing the number increase above $24,000, the program switched you from Standard Deduction to Itemized Deduction. You can claim one or the other, not both, but they are both reported on line 8 on your tax return.

The Standard Deduction will not increase when you add Real Estate Taxes or Mortgage Interest, but your Itemized Deductions will.

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View solution in original post

Vanessa · ‎June 3, 2019

If you are adding expenses and seeing the number increase above $24,000, the program switched you from Standard Deduction to Itemized Deduction. You can claim one or the other, not both, but they are both reported on line 8 on your tax return.

The Standard Deduction will not increase when you add Real Estate Taxes or Mortgage Interest, but your Itemized Deductions will.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I am married with 1 child. why when i add my deductions such as mortgage interes and real estate tax the standard decuction gets higher then 24000.