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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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.

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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.

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