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posted Jun 7, 2021 3:49:05 PM

Why does the 2020 Form 1040 say the Standard Deduction for a Single person is $12,400 yet Turbo Tax is telling me it is $14,050?

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1 Replies
Level 15
Jun 7, 2021 4:24:26 PM

The extra $1650 is for being age 65 or older.