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Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.
For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).
Nov. 1—Hunters achieved a 66% success rate during the nine-day 2023 moose hunting season in the Granite State, putting this year "on par with previous years," according to officials with New ...
The standard deduction amounts for 2023 are $27,700 if you’re married filing jointly (an increase of $1,800 from 2022), $20,800 for heads of households (a $1,400 gain) and $13,850 for single ...
In 2016, the ten counties with the largest SALT deductions per filer (on average) were in New York, California, Connecticut and New Jersey. [12] These ten counties are in the New York metropolitan area and San Francisco Bay Area, which have high concentrations of wealth and expensive real estate. Since the deduction was capped at $10,000 in ...
As the whitetail herd expanded, deer seasons also increased and allowed the average hunter more chances to get out in the woods, writes Oak Duke. Hunting season in New York state now stretches ...
The Alaskan subspecies of moose (Alces alces gigas) is the largest in the world; adult males weigh 1,200 to 1,600 pounds (542–725 kg), and adult females weigh 800 to 1,300 pounds (364–591 kg) [17] Alaska's substantial moose population is controlled by predators such as bears and wolves, which prey mainly on vulnerable calves, as well as by ...
Almost 90% of taxpayers take the standard deduction now, according to estimates from the Urban-Brookings Tax Policy Center. Here’s what you need to know about both strategies.