The
default setting on the refund meter is your Standard Deduction. Until
the sum total of your itemized deductions (ie. medical, mortgage interest, property
taxes, charitable giving, ct) exceed your Standard Deduction, you will not see a change on the refund meter.
2017 Standard Deductions
- Single - $6,300 add $1,550 if age 65 or older
- Married Filing Separately - $6,300 add $1,250 if age 65
or older
- Married Filing Jointly - $12,600 add $1,250 for each
spouse age 65 or older
- Head of Household - $9,300 add $1,550 if age 65 or
older