Can I deduct the standard deduction on my tax return?

The standard deduction is a fixed dollar amount that reduces the amount of income on which you pay tax on your tax return. The amount of the basic standard deduction depends upon your tax return filing status. However, if you can be claimed as a dependent on someone else’s tax return, your standard deduction amount may be different. In some cases, the standard deduction on your tax return can consist of two parts, the basic standard deduction, and an additional standard deduction amount for age, blindness, or both.

If a person is born or dies before the end of his or her tax year, the tax year is considered to cover a 12-month period.
If the taxpayer's filing status is: The standard deduction is: If 65 or over AND/OR blind add for EACH

Single

$5,700

$1,400

Married filing a joint tax return or Qualifying widow(er) with dependent child

$11,400

$1,100

Married filing a separate tax return

$5,700

$1,100

Head of Household

$8,350

$1,400

Dependent Children

The greater of $950 OR the amount of earned income, plus $300. Not to exceed $5,700 unless the dependent is blind. If blind add $1,400.

Non-itemizer Property Tax Standard Deduction Add-on

Single

Married Filing Jointly

Up to $500

Up to $1,000

 


 Home | Personal Tax | Business Tax | Payroll | Other Services | Contact us