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April 14, 2025
Question

Why is TurboTax saying that my refund will be higher itemizing my deductions when standard deduction is greater than my itemized deductions?

  • April 14, 2025
  • 1 reply
  • 0 views
My itemized deductions are $14,055. The standard deduction is about $29,000 for married filing jointly. Why does TurboTax say that my refund will be about $1,000 greater claiming itemized deductions?

    1 reply

    JohnB5677
    April 14, 2025

    Please check what's [posted to your tax return.

     

    You can preview your tax return by going to:

     

    1. On the menu bar on the left that shows.
    2. Select Tax Tools
    3. On the drop-down select Tools
      1. Tip: If you don't see the dropdown for Tools,
      2. Minimize the federal and state options using the down arrow.
    4. On the popup menu
    5. Select View Tax Summary
    6. On the left sidebar
    7. Select Preview my 1040.
      1. Verify your filling status as Married Filling Jointly
      2. Also, confirm what is posted to box 12 (Deduction)

    You will have to pay your TurboTax fees to see the other forms.

    I suggest you look at schedule A

     

     

    Some key numbers on your 1040 tax return are:

    Line 9 - Total Income

    Line 11 - AGI

    Line 15 - Taxable Income

    Line 24 - Total Tax.

    Line 25 d - Withholdings.

    Line 26 - Estimated tax payments

    Line 27 - Earned Income Credit

    Line 33 - Payments including Credits.

    Line 34 - Overpayments.

    Line 37 - Tax owed.

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