Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Why did the Calculation not add the exemption per tax payer and spouse to Line 8 on Form 1040. It recorded $24,000. instead of $26,600.

fritz_tayloe
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
TaxGuyBill
Level 15

If both taxpayers were under age 65 on December 31st, $24,000 is correct for the Standard Deduction.

View solution in original post

0 Cheers
1 Comment 1
TaxGuyBill
Level 15

If both taxpayers were under age 65 on December 31st, $24,000 is correct for the Standard Deduction.

0 Cheers