Question

The home and business software shows me getting the standard deduction however my itemized amounts are higher. Is this a software bug?

Forum|Forum|5 years ago
February 20, 2021
1 reply
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TurboTax Online

Employee

First, your Schedule C (business) deductions don't count towards the Schedule A (personal) ones when determining if the Standard (personal) Deduction is higher.

Second, there are caps (such as property tax) and other limits (e.g., medical) on certain Schedule A itemized deductions. So you can't just go by the gross figures.

R

rehrhart28Author

I'm not even using a Schedule C and my Schedule A doesn't go over 10,000 for taxes I paid. The final Schedule A total that is on line 17 is supposed to carry to the 1040 line 12 and it doesn't. Did I miss something?

VolvoGirl

Employee

How much is your schedule A itemized deductions? How much is on 1040 line 12? Maybe the Standard Deduction plus the extra $300 for Charity on line 10b is more than your itemized deductions.