Skip to main content
March 26, 2020
Question

I'm at deductions & credits in filling out my return and its telling me the Standard Deduction is $13,850 how do I know if that would be better than itemized?

  • March 26, 2020
  • 1 reply
  • 0 views
No text available

1 reply

March 26, 2020

TurboTax will  automatically select the deduction that gives you the best outcome on your federal taxes. 

To see which deduction gives you the higher refund:

  1. Sign in to your account.
  2. Go to Federal Taxes.
  3. Go to Deductions and Credits.
  4. Scroll down and click Wrap up Tax Breaks.
  5. On the following screen you can see the refund that you will receive based on each deduction, you can see the breakdown of your itemized deductions and you can change the deduction.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"