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Level 1
posted Jun 4, 2019 8:13:54 PM

Turbotax Deluxe shows our std deduction as $26.6K, not $24K. Why? I can't find a form explaining the $26.6K. Itemized deductions are $10K. Married filing jointly, 65+

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1 Best answer
Level 3
Jun 4, 2019 8:13:56 PM

If you are over the age of 65, the standard deduction is increased by an additional $1300 per person. Please see the attachment included.

2 Replies
Level 3
Jun 4, 2019 8:13:56 PM

If you are over the age of 65, the standard deduction is increased by an additional $1300 per person. Please see the attachment included.

Level 1
Jun 4, 2019 8:13:57 PM

Thanks,  Just found the explanation on the Std. Deduction Worksheet, line 3b, but no calculations.