New Tax law says for married/Joint $24K for standard deduction, my new CD only shows $12,700. How will this update?

[ajc12]

With the new tax law just passed, what will TurboTax do with the CD's already out there that have the lower %, (such as mine)  Example   Standard Deduction is now at $24,000 for married/jointly, the CD I purchased from you indicate 2016 &2017 Standard Deduction is $12,700 - Please advise

[xmasbaby0]

<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know...>

[SweetieJean]

I wish TT would increase the type size for the following in that link:
 "the bill won't affect your taxes for 2017 (the one you file in 2018)."

[ajc12]

Thank you, I article I read didnt show that

[ajc12]

Thank you to all who replied

[SweetieJean]

There's lot of misinformation out there.

[SweetieJean · Accepted solution]

The $24k goes into effect for 2018 returns filed in 2019, not 2017 ones.