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January 26, 2025
Question

how can i go back to change my medical deductions to standard deduction

  • January 26, 2025
  • 1 reply
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    DoninGA
    Employee
    January 26, 2025

    Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit.  If they are not greater, no itemized deductions will be on your tax return.


    Standard deductions for 2024

    Single - $14,600 add $1,850 if age 65 or older
    Married Filing Separately - $14,600 add $1,550 if age 65 or older
    Married Filing Jointly - $29,200 add $1,550 for each spouse age 65 or older
    Head of Household - $21,900 add $1,950 if age 65 or older