Question

Why is my Standard Deduction under "Your tax breaks" listed as $14,700 (I am a single filer)? Not the $12,950 amount?

Is the TurboTax program making a mistake with my Standard Deduction for tax year 2022?

Employee

Are you 65 or older? You get an extra 1750. If not then check your birthdate under My Info.

For 2022 the standard deduction amounts are:

Single 12,950 + 1,750 or 65 and over or blind (14,700)

HOH 19,400 + 1,750 for 65 and over or blind

Joint 25,900 + 1,400 for each 65 and over or blind (28,700)

Married filing Separate 12,950 + 1,400 for 65 and over or blind

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