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nthang12
New Member

This year tax, standard deduction for single status, 6350. How come does the turbo tax online filing show 6300?

this year tax, standard deduction for single status, 6350. How come does the turbo tax online filing show 6300? And for married filing joinly, this tax year is 12700 (as stated on irs) , but on the turbo tax online filing shows 13850?
Iam not sure whether those info are correct?
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1 Reply
ThomasM
New Member

This year tax, standard deduction for single status, 6350. How come does the turbo tax online filing show 6300?

You're quoting the standard deduction amounts for the 2017 tax return.  The standard deduction on 2016 returns is $6300 (single) and 12,600 (MFJ).

You're a year early.

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