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.
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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…
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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…
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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…
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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.…
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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…
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Jul- 2020 -3 July
Standard Deduction 2021
When it comes to lowering taxable income to pay less tax, Americans have two options; take the standard deduction or…
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Jan- 2020 -23 January
Standard or Itemized Deductions 2020
The Internal Revenue Service announced the federal tax brackets and the standard deduction amount for 2019 taxes that you’ll pay…
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9 January
Standard Deduction 2020
The standard deduction is one of the main pillars of the American tax code. At the start of most tax…
