I'd like to know if my deductions would make it worthwhile to use form 1040 and Schedule A - or should I stay with form 1040A?
You'll need to sign in or create an account to connect with an expert.
If you are using a CD/Download product, you can just go through the Deductions and credits section of the Federal Taxes Tab, and TurboTax will compute whether the Standard Deduction or Itemized Deductions is better for you. If you do this in TurboTax Online, you'll be prompted to upgrade, and the only way to go back to a simpler version is to clear and start over.
You would need to have more than $6300 in deductions if you are a single taxpayer in order to itemize.
See the FAQ below to find the Standard Deduction for each filing status.
https://ttlc.intuit.com/replies/4208574
If you are using a CD/Download product, you can just go through the Deductions and credits section of the Federal Taxes Tab, and TurboTax will compute whether the Standard Deduction or Itemized Deductions is better for you. If you do this in TurboTax Online, you'll be prompted to upgrade, and the only way to go back to a simpler version is to clear and start over.
You would need to have more than $6300 in deductions if you are a single taxpayer in order to itemize.
See the FAQ below to find the Standard Deduction for each filing status.
https://ttlc.intuit.com/replies/4208574
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
alincicum
New Member
gnest02
Level 1
ew19
New Member
Smithy4
New Member
dlevey4456
New Member