Why is my personal exemption different than turbotaxes?

[lhmoench]

Federal taxes...why is my personal calculation for personal deduction different than turbtaxes?

[xmasbaby0]

There has not been a personal exemption on a federal tax return since 2017.   Do you mean your standard deduction?   

Your standard deduction lowers your taxable income. The standard deduction makes some of your income “tax free.”  It is not a refund.  You will see your standard or itemized deduction amount on line 12 of your 2023 Form 1040.

2023 STANDARD DEDUCTION AMOUNTS

SINGLE $13,850  (65 or older/legally blind + $1850)

MARRIED FILING SEPARATELY $13,850  (65 or older/legally blind + $1500)

MARRIED FILING JOINTLY $27,700  (65+/legally blind) )  + $1500 per spouse

HEAD OF HOUSEHOLD  $20,800 (65 or older/blind)  + $1850)