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Under United States tax law, the standard deduction is a dollar amount that non-itemizers may subtract ... 2011 [18] $5,800 $11,600 $8,500 ... 1040 Instruction ...
Main article: Form 1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for ...
The Individual Income Tax Act of 1944 created standard deductions on the 1040. [64] The tax return deadline was original set at March 1. This was changed to March 15 in the Revenue Act of 1918, and in the Internal Revenue Code of 1954, the tax return deadline was changed to April 15 from March 15, [64] as part of a large-scale overhaul of the ...
Form 1040, U.S. Individual Income Tax Return ... In most cases, you'll itemize if your deductions are more than your standard deduction. For 2010, the amounts for the standard deduction were ...
Standard Deduction for Tax Years 2020 and 2021. Filing Status. ... Taking a look at IRS Form 1040 may make deductions easier to understand. If you look at the front page of Form 1040, you’ll see ...
Taxpayers who file a form 1040 may also opt to claim a number of what the IRS calls "adjustments to income" -- that's another way of saying non-itemized deductions.