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bufeoallen
Level 2
December 7, 2019
Solved

Why does my Standard Deduction show $26,600.00 instead of $24,000.00

  • December 7, 2019
  • 2 replies
  • 14 views

I itemized deductions to see if they exceeded the standard deduction. They didn't. I chose Standard Deduction. The figure on that line indicates $26,600.00 instead of $24,000.00. Why?

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

65 or older gets an additional $1300 per person added to the 24000.

Does this sound like your situation?

2 replies

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community ChampionAnswer
Intuit Community Champion
December 7, 2019

65 or older gets an additional $1300 per person added to the 24000.

Does this sound like your situation?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
B
bufeoallenAuthor
Level 2
December 7, 2019
Yes, and then some. lol
PhoebeRoberts
PhoebeRobertsIntuit Community Champion
Intuit Community Champion
December 7, 2019

Because you're old.

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community Champion
Intuit Community Champion
December 7, 2019
:joy::joy:
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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