Federal Standard Deduction
Standard deduction amount for the next filing year. Along with it, see if you qualify for any above-the-line deductions that you can still claim with the standard deduction.
-
Jan- 2022 -31 January
Standard Deduction Every Filing Status
The Internal Revenue Service recently announced the standard deduction that’s going to be effective for the 2022 tax year, which…
-
Nov- 2021 -5 November
Standard Deduction or Itemized Deductions 2022
The standard deduction and itemized deduction are a never-ending tale. Which one you should claim on your federal income tax…
-
Oct- 2021 -22 October
Standard Deduction 2022 – Every Filing Status
The standard deduction undoubtedly carries the most significant importance as far as reducing the taxable income goes for the majority…
-
Jun- 2021 -2 June
Food Bank Donation Tax Deduction
There are countless deductions you can take advantage of to reduce taxable income, thus, the amount owed to Uncle Sam.…
-
May- 2021 -27 May
Standard Deduction for Blind and Elderly
The standard deduction is the most basic deduction out there for all taxpayers that are US citizens, nationals, and resident…
