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Level 2
March 10, 2022
Question

Standard Deduction amount for Single

  • March 10, 2022
  • 1 reply
  • 6 views

What is the standard deduction for someone filing single? My return is showing $14,500...did I qualify to itemize?

    1 reply

    LeonardS
    Level 14
    March 10, 2022

    The standard deduction set by the IRS for 2021 is: $12,550 for single filers. If your deductions are greater than this amount then you would qualify to use your itemized deductions. 

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