Standard Deductions Flashcards
1
Q
What is the 2023 standard deduction for MFJ / QSS (widowed)?
A
The standard deduction is $27,700 + $1,500 if 65 or older or blind each
2
Q
What is the 2023 standard deduction for singles?
A
The standard deduction is $13,850 + $1,850 if 65 or older or blind each
3
Q
What is the 2023 standard deduction for HOH?
A
The standard deduction is 20,800 + $1,850 if 65 or older or blind each
4
Q
What is the 2023 standard deduction for MFS?
A
The standard deduction is $13,850 + $1,500 if 65 or older or blind each