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Read up in Publication 17 available at www.irs.gov
Did it say you are getting the Standard Deduction? That is a good thing. Everyone gets to deduct the Standard Deduction or all their Itemized Deductions off their income before the tax is calculated. Are you Single? Then you get a 12,400 Standard Deduction. It means the first 12,400 of your income is not taxed. So you get taxed on a lower amount.
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