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  2. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Standard deduction in 2023 70-year-old single individual $13,850 + $1,850 = $15,700 40-year-old single individual who is blind $13,850 + $1,850 = $15,700 Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents)

  3. How Tax Filing Status Relates to Deductions in 2021 and 2022

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    Standard deduction: Single taxpayers are eligible for a $12,550 deduction for the 2021 tax year and a $12,950 deduction for the 2022 tax year. ... People. The most shocking snubs and surprises of ...

  4. A Guide to Tax Breaks on Your 2021 Return - AOL

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    For tax year 2021, the standard deduction for single filers and married people filing separately is $12,550, a $250 increase from 2020. Married taxpayers filing jointly can deduct $25,100, up $300 ...

  5. What Are Itemized Deductions and How Do They Work? - AOL

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    Taxpayers who are blind or at least 65 are eligible to claim an additional $1,550 standard deduction for 2021 if they are married, or $1,950 if filing as single or head of household. The deduction ...

  6. Head of household - Wikipedia

    en.wikipedia.org/wiki/Head_of_Household

    In 2021, for instance, heads of households were entitled to an $18,800 standard deduction, compared to $12,550 for single filers. In 2015, according to the Census Population Survey, 76% of head of household filers were women. [1]

  7. Most Americans Think They’re Taking All Their Entitled ...

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    The standard deduction for tax year 2021 is $25,100 for married couples filing jointly and for qualified widows and widowers under age 65 ($26,450 if age 65 or older). ... Single filers are ...

  8. 2018 Standard Deduction: How Much It Is and Why You're ... - AOL

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  9. What's the Standard Deduction for 2021 vs. 2020? - AOL

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    For most Americans, taking the standard deduction on your tax return is better than claiming itemized deductions. See how much you can deduct on your next tax return.

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