Standard Deduction When I did Turbo Tax it says the Standard deduction is best for us. We got married last year and filed married jointly. We also have 12 months of mortgage interest and property taxes. We are in the 25% tax bracket. Our mortgage interest didn't count for anything because the standard deduction is higher. We each made the same income as last year, but now it is combined and we have mortgage interest as well which we only had for one month in 2016. Our refund came out the same as the previous year.....we thought it would be more because of the mortgage interest we paid. Should it be the same amount as 2016 refund with the different things marriage and house? |