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UPDATED FOR TAX YEAR 2019
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction in 2019 is $12,200 if you're filing single and $24,400 if married filing jointly.
[Edited | 4/6/2020 | 11:53am PDT]
UPDATED FOR TAX YEAR 2019
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction in 2019 is $12,200 if you're filing single and $24,400 if married filing jointly.
[Edited | 4/6/2020 | 11:53am PDT]
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