Perhaps TurboTax hadn't completed all the calculations. I would preview the 1040 Form to see if TurboTax is actually deducting Itemized Deductions of $22,000 or the Standard Deduction of $24,400. To Preview your 1040 Form: Open or continue your return. Select Tax Tools in the left menu (if you don't see this, select the menu icon in the upper-left corner). With the Tax Tools menu open, you can then: Select Print Center and then Print, Save, or Preview This Year's Return to preview your entire return, including all forms and worksheets (you may be asked to register or pay first). View only your 1040 form by selecting Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu. Source: TurboTax FAQ

Question

We are filing Married filing jointly. Our itemized deductions are 22000. The program tells us to file with itemized deductions rather than standard deductions. Why?

Forum|Forum|6 years ago
February 13, 2020
1 reply
0 views

No text available

TurboTax Self Employed Online

H

HelenC12

Perhaps TurboTax hadn't completed all the calculations.

I would preview the 1040 Form to see if TurboTax is actually deducting Itemized Deductions of $22,000 or the Standard Deduction of $24,400.

To Preview your 1040 Form:

Open or continue your return.
Select Tax Tools in the left menu (if you don't see this, select the menu icon in the upper-left corner).
With the Tax Tools menu open, you can then:
- Select Print Center and then Print, Save, or Preview This Year's Return to preview your entire return, including all forms and worksheets (you may be asked to register or pay first).
- View only your 1040 form by selecting Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu.