Question

My charity donate last year was around $100-150 why is the standard deduction so big

Forum|Forum|2 years ago
April 16, 2024
2 replies
0 views

Im very confused it only gives the option $1-$3,100 and after I finished the deduction part it said i get like 13,000 back and that seems very wrong i only donated to those donations at store for like 10-20$ a couple times but i know its at least $100 the only other thing it can be is the medical expenses was $0 cause i never had any medical problems last year

M

mglauner

Here's more info on the 2023 Standard Deduction.

Charitable donations are used for Itemized Deductions, so would not be a factor in your return if you're using the Standard Deduction.

If you feel your deduction is too large, check your entries in this section. You may have accidently misplaced a comma or period in an amount.

Since we can't see your return in this forum, if you could clarify your issue, we'll try to help.

Hal_Al

Employee

.Everybody is allowed a $13,850 standard deduction ($27,700 married), from income, before tax is calculated.

Alternatively, taxpayers are allowed to itemize deductions (mortgage interest, medical expenses, charity donations and state-local taxes paid, medical expenses). If your itemized deductions don't add up to more than $13,850, you get the $13,850 standard deduction. No body gets less*, but some people get more.

*There are special rules for people who can be claimed as dependents