It is ~
Combined scores of math and english with a possibility of 800 for each.
Jason's score of 1340 is still VERY GOOD!!!
So what is a good SAT score? The exam consists of three parts: Critical Reading, Mathematics and Writing. The scores from each section can range from 200 to 800, so the best possible total score is 2400. The average score for each section is roughly 500, so the AVERAGE total score is about 1500.
http://collegeapps.about.com/od/sat/f/goodsatscore.htm
1340 would be BELOW AVERAGE.