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February 24, 2021

This is a tax advise forum. If you have a specific tax question, please post it and we'll try our best to answer it. 

 

Click here for the best way to contact us.

 

If you need help in preparing your tax return and you'd like to do it with a live person, we have a paid service. See What is TurboTax Live? 

  • A TurboTax tax expert could go through your income tax return and help you get all the deductions you are entitled to.

 

For example: The IRS lets you either choose the "bundled" Standard Deduction or go "a la carte" and itemize your deductions. The TurboTax tax expert could guide you to select the option that is best for you. 

 

  • The federal Standard Deduction is a fixed dollar amount, based on your filing status and age, that the IRS lets you take off (deduct) from your taxable income.

 

  • On the other hand, itemizing deductions allows you to list (itemize) your deductions on Schedule A.

 

Source: TurboTax FAQ

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