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Deductions & credits
Starting last year for 2018 returns there is no more personal exemptions. Instead the increased the Standard Deduction almost double.
For 2019 the standard deduction amounts on 1040 line 9 are:
Single 12,200 + 1,650 for 65 and over or blind
HOH 18,350 + 1,650 for 65 and over or blind
Joint 24,400+ 1,300 for each 65 and over or blind
Married filing Separate 12,200 + 1,300 for 65 and over or blind
March 23, 2020
12:56 PM