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June 3, 2019
Question

Has Turbotax elected the Standard Deduction for me? If so, am I not getting the benefit of having made $8,740 charitable donations? Why is my refund so low this year?

  • June 3, 2019
  • 1 reply
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1 reply

Employee
June 3, 2019

If that is your only itemized deduction, it is still lower then the higher 2018 Federal Standard deduction.

https://fairmark.com/general-taxation/reference-room/tax-brackets/2019-tax-figures-adjusted-for-infl...

Your refund may be lower because, as part of the new tax law, withholdings were lower.