How Much Is The Standard Deduction For 2019

How Much Is The Standard Deduction For 2019. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed. For 2019 returns that are due in 2020, the standard deduction amounts for most taxpayers younger than 65 are:


How Much Is The Standard Deduction For 2019

There are two main types of tax deductions for 2019 and they are categorized as standard deductions and itemized deductions. Refer the table to find standard deduction for your filing status.

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