Why is Tutbotax using $27,400 for the standard deduction for married filing jointly when the 1040 form shows it should be $24,800?

Don527 · ‎February 17, 2021

xmasbaby0 · ‎February 17, 2021

It goes by the date of birth entered in My Info--were you both 65 at the end of 2020?

2020 Standard Deduction Amounts

Single $12,400 (+ $1650 65 or older)

Married Filing Separate $12,400 (+ $1300 if 65 or older)

Married Filing Jointly $24,800 (+ $1300 for each spouse 65 or older)

Head of Household $18,650 (+ $1650 for 65 or older)

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Why is Tutbotax using $27,400 for the standard deduction for married filing jointly when the 1040 form shows it should be $24,800?