Question

Standard Deduction

Forum|Forum|2 years ago
October 2, 2023
2 replies
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I had the Standard Deduction on the first review of my taxes and and after fixing a couple of nits, the new reviewShowed no Standard Deduction. How can I get it back?

X

xmasbaby0

Employee

No standard deduction? What do you see on line 12 of your Form 1040?

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Your standard deduction lowers your taxable income. It is not a refund. You will see your standard or itemized deduction amount on line 12 of your 2022 Form 1040.

2023 STANDARD DEDUCTION AMOUNTS

SINGLE $13,850 (65 or older/legally blind + $1850)

MARRIED FILING SEPARATELY $12,850 (65 or older/legally blind + $1500)

MARRIED FILING JOINTLY $27,700 (65+/legally blind) ) + $1500 per spouse

HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

rjs

Employee

What exactly are the "nits" that you fixed? Please list them all, even if you think they're not significant, and be specific about what you changed, including exact amounts.

Are you filing as married filing separately? If so, and your spouse is using itemized deductions, you do not get a standard deduction. You can enter itemized deductions if you have any.