How do you get the standard deduction?
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The standard deduction is a dollar amount that reduces the amount of income on which you are taxed and varies according to your filing status; there is also an additional standard deduction for individuals who are blind or age 65 or over. You CANNOT take the standard deduction if you itemize deductions.Mar 27, 2018
2023-06-16 09:06:54
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The standard deduction is a dollar amount that reduces the amount of income on which you are taxed and varies according to your filing status; there is also an additional standard deduction for individuals who are blind or age 65 or over. You CANNOT take the standard deduction if you itemize deductions.Mar 27, 2018