------------------------------------------------------------$ @0 \' ^1 ~* E) e
A base amount of income that is not subject to tax and that
0 q/ h2 X( T$ M4 bcan be used to reduce a taxpayer's adjusted gross income (AGI).
- H' \4 Z2 B+ y& QA standard deduction can only be used if the taxpayer does
3 @9 ~; P$ A6 u! S( Ynot choose the itemized deduction method of calculating+ M6 \$ p5 b0 ~; k# S
taxable income. The amount of the standard deduction is based
; Y$ o c4 u+ V& \) xon a taxpayer's filing status, age and whether he or she is
* g( @ i1 h& } e- A3 W. s) y( Adisabled or claimed as a dependent on someone else's tax return. |