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tonyruth2
New Member

Turbo tax is not clear on the "$6000 enhanced deduction for seniors". I found I qualify but, turbo tax is not applying it. Are you experiencing the same thing?

As I mentioned, I checked for all requirements for the senior's deduction, and I qualify but turbo tax is not applying it. I also have the latest version. Please respond if you have some advice. Thanks.
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2 Replies

Turbo tax is not clear on the "$6000 enhanced deduction for seniors". I found I qualify but, turbo tax is not applying it. Are you experiencing the same thing?

It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify.

For Single the deduction starts to phase out at 75,000 and maxes out at 175,000
For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000
If you are married you have to file a Joint return
And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info.


For Online version You can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

What do you have on 1040 or 1040SR line 13b?

See the 1040 ….
VolvoGirl_Macro 10_SS 6000 1040.jpg

 

 

tonyruth2
New Member

Turbo tax is not clear on the "$6000 enhanced deduction for seniors". I found I qualify but, turbo tax is not applying it. Are you experiencing the same thing?

Yes, after looking forward I was able to see it applied in line 13b of the 1040. This was not clear during the process of entering information because turbo tax didn't show that under the "deductions" section as I went thru. All clear now. Thanks

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