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psithious
New Member

My work is the same as last year and I'm making less money this year. I got a federal tax return last year but this year I'm having to pay....I don't understand why?

 
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1 Best answer

Accepted Solutions
TomK
Expert Alumni

My work is the same as last year and I'm making less money this year. I got a federal tax return last year but this year I'm having to pay....I don't understand why?

https://ttlc.intuit.com/replies/3301788

The 2018 standard deduction is nearly double the 2017 amount:

$12,000 for Single

Add $1,600 if 65 or older

Add $1,600 if blind

$18,000 for Head of Household

Add $1,600 if 65 or older

Add $1,600 if blind

$24,000 for Married Filing Jointly or Surviving Spouses

Add $1,300 for each spouse 65 or older

Add $1,300 for each blind spouse

$12,000 for Married Filing Separately

Add $1,300 if 65 or older

Add $1,300 if blind

View solution in original post

1 Reply
TomK
Expert Alumni

My work is the same as last year and I'm making less money this year. I got a federal tax return last year but this year I'm having to pay....I don't understand why?

https://ttlc.intuit.com/replies/3301788

The 2018 standard deduction is nearly double the 2017 amount:

$12,000 for Single

Add $1,600 if 65 or older

Add $1,600 if blind

$18,000 for Head of Household

Add $1,600 if 65 or older

Add $1,600 if blind

$24,000 for Married Filing Jointly or Surviving Spouses

Add $1,300 for each spouse 65 or older

Add $1,300 for each blind spouse

$12,000 for Married Filing Separately

Add $1,300 if 65 or older

Add $1,300 if blind

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