I give up trying to talk to tax expert. Not a user friendly service. Why would my standard deduction be $26,600 and not $24,000 calculated by Turbo Tax

badcompany01 · ‎June 5, 2019

xmasbaby0 · ‎June 5, 2019

If you and your spouse are 65 or older then each of you has an additional $1300 added to your standard deduction.

2018 Standard Deductions:

Single $12,000 (+ $1600 65 or older)

Married Filing Separately $12,000 (+ $1300 65 or older)

Married Filing Jointly $24,000 (+ $1300 each spouse 65 or older)

Head of Household $18,000 (+ $1600 65 or older

Look at line 8 of your Form 1040 to see your standard or itemized deductions.

**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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xmasbaby0 · ‎June 5, 2019

If you and your spouse are 65 or older then each of you has an additional $1300 added to your standard deduction.

2018 Standard Deductions:

Single $12,000 (+ $1600 65 or older)

Married Filing Separately $12,000 (+ $1300 65 or older)

Married Filing Jointly $24,000 (+ $1300 each spouse 65 or older)

Head of Household $18,000 (+ $1600 65 or older

Look at line 8 of your Form 1040 to see your standard or itemized deductions.

**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.**

Opus 17 · ‎June 5, 2019

Extra $1300 for each spouse 65 or older.

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I give up trying to talk to tax expert. Not a user friendly service. Why would my standard deduction be $26,600 and not $24,000 calculated by Turbo Tax