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Solved: Re: The Enhanced Deduction for Seniors Seems Wrong
I agree with you that it seems wrong. In fact, I use Lacerte (which is an Intuit product) and in computing 2025 Estimated Taxes for individuals on the 2024 tax program, Lacerte deducts the 6% excess of Modified AGI over $150,000 from $12,000 (not $6,000) for MFJ taxpayers, which amounts to a much l...
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Solved: Re: form 1116 line 18 enhanced deduction for seniors
https://ttlc.intuit.com/community/taxes/discussion/form-1116-line-18-enhanced-deduction-for-seniors/00/3851912Solved: Re: $6000/$12,000 Senior tax deduction
https://ttlc.intuit.com/community/taxes/discussion/6000-12-000-senior-tax-deduction/00/3869932When will form for the increased tax deduction for seniors be incorporated into Turbo Tax Deluxe?
https://ttlc.intuit.com/community/taxes/discussion/when-will-form-for-the-increased-tax-deduction-for-seniors-be-incorporated-into-turbo-tax-deluxe/00/3727412Re: $6,000 tax credit for seniors
https://ttlc.intuit.com/community/taxes/discussion/6-000-tax-credit-for-seniors/00/3725523how do I enter the Enhanced Deduction for Seniors from the One Big Beautiful Bill?
https://ttlc.intuit.com/community/business-taxes/discussion/how-do-i-enter-the-enhanced-deduction-for-seniors-from-the-one-big-beautiful-bill/00/3870149