I am 67. I live by myself in my own house. What is my standard deduction for 2022 ($1,400 or $1,750)?
I read: Taxpayers who are at least 65 years old can claim standard deduction of $1,400 standard deduction.
Question: What does this mean. I also read "$1,750 if using the single or head of household filing status." I do not understand "single or head of household filing status." please explain. Is my deduction $1400 or $1750?
