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    • Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
    Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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    Why does my Standard Deduction show $26,600.00 instead of $24,000.00

    bufeoallen
    Level 2
    ‎12-07-2019 03:38 AM

    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?

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    1 Best Answer

    Accepted Solutions
    Just-Lisa-Now-
    Level 15
    Level 15
    ‎12-07-2019 03:38 AM

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

    Does this sound like your situation?


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

    View solution in original post

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    6 Comments 6
    Just-Lisa-Now-
    Level 15
    Level 15
    ‎12-07-2019 03:38 AM

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

    Does this sound like your situation?


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    0 Cheers
    bufeoallen
    Level 2
    ‎12-07-2019 03:38 AM
    Yes, and then some. lol
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    PhoebeRoberts
    Level 11
    Level 11
    ‎12-07-2019 03:38 AM

    Because you're old.

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    Just-Lisa-Now-
    Level 15
    Level 15
    ‎12-07-2019 03:38 AM
    :joy::joy:

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    0 Cheers
    bufeoallen
    Level 2
    ‎12-07-2019 03:38 AM
    Maybe too old. :joy::joy:
    0 Cheers
    abctax55
    Level 15
    ‎12-07-2019 03:38 AM
    LOL....who says "we" have no sense of humor?
    HumanKind... Be Both
    0 Cheers






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