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Level 1
April 25, 2020
Question

Standard Deduction is coming up as $27,000.0 not 24,400. Actual on Schedule A is only 11,438.00

  • April 25, 2020
  • 2 replies
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2 replies

dd4vols
Intuit Community Champion
April 25, 2020

If they are both over 65.. the standard deduction is $27,000...….....

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Just-Lisa-Now-
Intuit Community Champion
April 25, 2020

How old are the taxpayer and spouse?   

65 and over get additional standard deduction of $1300 each...so 27000 may very well be correct.

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