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tripletens
New Member

I thought the standard deduction was doubling? I see the same as last year.

 
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Accepted Solutions
xmasbaby0
Level 15

I thought the standard deduction was doubling? I see the same as last year.

The standard deduction doubles for your 2018 tax return which you will prepare next year in 2019.


2017 Standard Deductions

Single    $6350  (65 or older + $1550)

Married Filing Separately   $6350  (65 or older +  $1250)

Married Filing Jointly           $12,700  (65 or older + $1250@)

Head of Household $9350  (65 or older + $1550)


**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply
xmasbaby0
Level 15

I thought the standard deduction was doubling? I see the same as last year.

The standard deduction doubles for your 2018 tax return which you will prepare next year in 2019.


2017 Standard Deductions

Single    $6350  (65 or older + $1550)

Married Filing Separately   $6350  (65 or older +  $1250)

Married Filing Jointly           $12,700  (65 or older + $1250@)

Head of Household $9350  (65 or older + $1550)


**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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