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Should my turbo tax be showing a personal exemption of $12,700? I am filing a married, joint return. I would have thought that it would be showing $24,0000.Is this right?
I would have thought with the new Jobs Act that it would reflect the change?
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posted
June 6, 2019
11:03 AM
last updated
June 06, 2019
11:03 AM


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Should my turbo tax be showing a personal exemption of $12,700? I am filing a married, joint return. I would have thought that it would be showing $24,0000.Is this right?
The new law for increased standard deduction is for tax year 2018. This tax year 2017, $12,700 is correct for married jointly filing status.
June 6, 2019
11:03 AM
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Should my turbo tax be showing a personal exemption of $12,700? I am filing a married, joint return. I would have thought that it would be showing $24,0000.Is this right?
The new law for increased standard deduction is for tax year 2018. This tax year 2017, $12,700 is correct for married jointly filing status.
June 6, 2019
11:03 AM
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