Professional Editions – Force Standard or Itemized Deductions
TaxAct calculates both the itemized deduction and the standard deduction for the taxpayer’s filing status and applies the option that results in the greatest tax benefit. To manually select a deduction method in TaxAct program, follow the steps below:
Desktop
- From within your TaxAct return, click Federal.
- Click the Itemized or Standard Deductions drop-down, then click Use Standard Deduction.
- The program will list the amount for the standard and itemized deduction. You can select either option:
- Use my standard deduction
- Use my itemized deductions
TaxAct Online
- From within your TaxAct return, click Federal.
- On smaller devices, click the menu at the top left corner of your screen, then make your selection.
- Click the Itemized or Standard Deductions drop-down, then click Use itemized deductions or Use standard deduction.
- The screen label that appears will be the opposite of what the system selected automatically.
- The total of each deduction type is displayed.
- Choose the radio button to force the deduction type, then click Continue.
- Use my standard deduction
- Use my itemized deductions
Related Links
- Individuals – Force Standard or Itemized Deductions
- Professional Editions – Schedule A (Form 1040) – Entering Itemized or Standard Deductions in Program
- Married Filing Separate – Itemized Deductions Forced
- Married Filing Separate – Itemized or Standard Deduction
- Married Filing Separate – Divide Itemized Deductions
- Itemized Deductions – Homeowners Nondeductible Payments
- Schedule A (Form 1040) – Reduction of Itemized Deductions
- Import Itemized Deductions from Prior Year for Comparison