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If you are concerned because you are seeing $12,700 on Line 40 of your Form 1040, rather than $13,000, $12,700 is the standard deduction amount for married filing a joint return for 2017.
The 2017 Standard Deduction amounts are as follows (Look at the screenshot below):
Single or Married Filing Separately $ 6,350
Married Filing Jointly or Qualifying Widow(er) 12,700
Head of Household 9,350
You can see your deductions on Line 40 of your Form 1040.
If you are concerned because you are seeing $12,700 on Line 40 of your Form 1040, rather than $13,000, $12,700 is the standard deduction amount for married filing a joint return for 2017.
The 2017 Standard Deduction amounts are as follows (Look at the screenshot below):
Single or Married Filing Separately $ 6,350
Married Filing Jointly or Qualifying Widow(er) 12,700
Head of Household 9,350
You can see your deductions on Line 40 of your Form 1040.
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