Why did my standard Federal deductions go down from 2017 to 2018 when I made more money in 2018?
02258
2 Replies
SweetieJean
Level 15
Jun 1, 2019 4:50:45 PM
Actually, the Federal Standard deduction went up (by a lot) from 2017 to 2018. Do you mean something else, like taxes withheld? They generally went down under the new tax law.
VolvoGirl
Level 15
Jun 1, 2019 4:50:46 PM
For 2018 the standard deduction amounts are: Single 12,000 + 1,600 for 65 and over or blind HOH 18,000 + 1,600 for 65 and over or blind Joint 24,000+ 1,300 for each 65 and over or blind Married filing Separate 12,000 + 1,300 for 65 and over or blind