I went to the IRS site and a married filing jointly is 20800 and turbo tax is deducting 12700

crdgowins · ‎June 1, 2019

xmasbaby0 · ‎June 1, 2019

You misunderstood. The married filing jointly standard deduction is $12,700. Each spouse also gets a $4050 personal exemption.

$12,700 + $4050 + $4050 = $20,800 You will get that using TurboTax. Those amounts lower the amount of income you are taxed on.

**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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xmasbaby0 · ‎June 1, 2019

You misunderstood. The married filing jointly standard deduction is $12,700. Each spouse also gets a $4050 personal exemption.

$12,700 + $4050 + $4050 = $20,800 You will get that using TurboTax. Those amounts lower the amount of income you are taxed on.

**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.**

SweetieJean · ‎June 1, 2019

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Expert does your taxes

Do it yourself

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Expert does your taxes

Do it yourself

Resources

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Expert does your taxes

Do it yourself

Resources

Support

I went to the IRS site and a married filing jointly is 20800 and turbo tax is deducting 12700