I thought the 2017 standard deduction for head of household is 18,000 but Turbo tax is only crediting 9,350...

meltsao · ‎June 3, 2019

xmasbaby0 · ‎June 3, 2019

The new standard deductions will be in effect for the 2018 tax return that you prepare next year in 2019.

2017 Standard Deductions

Single $6350 (65 or older + $1550)

Married Filing Separately $6350 (65 or older + $1250)

Married Filing Jointly $12,700 (65 or older + $1250@)

Head of Household $9350 (65 or older + $1550)

https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know...

**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 3, 2019

The new standard deductions will be in effect for the 2018 tax return that you prepare next year in 2019.

2017 Standard Deductions

Single $6350 (65 or older + $1550)

Married Filing Separately $6350 (65 or older + $1250)

Married Filing Jointly $12,700 (65 or older + $1250@)

Head of Household $9350 (65 or older + $1550)

https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know...

**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.**

View solution in original post

meltsao · ‎June 3, 2019

Jeez you are quick and knowledgeable! Thanks for the clarification, very much appreciated!

xmasbaby0 · ‎June 3, 2019

You are welcome!

**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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I thought the 2017 standard deduction for head of household is 18,000 but Turbo tax is only crediting 9,350...