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May 11, 2021
Question

How do you figure out line 12a on the 2020 1040?

  • May 11, 2021
  • 1 reply
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1 reply

ColeenD3
May 11, 2021

Line 12 1040. Standard deduction or itemized deductions (from Schedule A).

 

If you do not itemize, you automatically take the standard deduction. If you do itemize. the program will tell you which of the two deductions is more advantageous. Just enter your mortgage interest, property taxes and the rest in the program.

 

Schedule A pdf