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MCremer
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Question about Standard Deduction

How do I still owe money to the IRS after withholding when the standard deduction went from $6,350 in 2017 to $12,000 in 2018?

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4 Replies
DanielV01
Expert Alumni

Question about Standard Deduction

We would need more information about your income amount and type in order to answer your question accurately.  Please feel free to provide additional detail.
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Question about Standard Deduction

Question about Standard Deduction

Well, there is no more $4,050 Personal Exemption.
$6350 + 4050 = $10,400 in 2017. This has been replaced by $12,000 in 2018.
Hal_Al
Level 15

Question about Standard Deduction

Although the standard deduction increased, the personal exemption was eliminated. Effectively the deduction before taxes was only increased by $1700.

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