- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
In past years, every taxpayer got a standard deduction of about $6000 plus a personal exemption of about $4000, for a $10,000 total "deduction".
For 2018, the personal exemption has been eliminated and the standard deduction has been increased to $12,000.
Some people come out better, with this new arrangement, some don't.
‎June 4, 2019
1:39 PM