Will I get my 13,850 dollars back?I Filed my taxes for free in January.

[22ef57e40ffb]

There was no reason 13,850 was supposed to be taken  out my account

[JohnB5677]

Please clarify your question.

Please help me understand what happened.

• Have you already filed your taxes with TurboTax.
• Were they accepted?
• Was there any tax due on the Federal tax return? 
• If so, how much?
• Did you also have a State tax return?
• Was there an amount due on it?

Please contact us again with any questions, and provide some additional details.

[DoninGA]

You are referring to the Standard Deduction when filing as Single, which is $13,850 for tax year 2023.  That amount was not taken from you.  

Only the amount of your income that is greater than the Standard Deduction for your filing status is taxable income.

[xmasbaby0]

You are confused.    If you are single, the $13,850 you saw is your standard deduction.  That is the amount of your income that is "tax free."    That amount was not taken from you.   Each filing status has its own 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)