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Deductions & credits
Yes, everyone gets the Standard Deduction unless their Itemized Deductions are more. It's a good thing. If you are Single or a dependent you get a 6,300 Standard Deduction. That is 6,300 subtracted from your income before the tax is calculated so you get taxed on a lower amount of income. The first 6,300 of income is tax free.
May 31, 2019
11:49 PM