turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

kangaroo
New Member

I used TurboTax form 1040A but owe money. I'd like to see if the amount I owe is less if I use form 1040 and schedule A, then decide with to use. How do I do this?

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?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
IsabellaG
Expert Alumni

I used TurboTax form 1040A but owe money. I'd like to see if the amount I owe is less if I use form 1040 and schedule A, then decide with to use. How do I do this?

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

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

View solution in original post

1 Reply
IsabellaG
Expert Alumni

I used TurboTax form 1040A but owe money. I'd like to see if the amount I owe is less if I use form 1040 and schedule A, then decide with to use. How do I do this?

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

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies