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If an amount is zero, enter 0. Click here to access the standard deduction table to use. a. Ellie is 15 and claimed as a
If an amount is zero, enter "0".
Click here to access the standard deduction table to use.
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A major component of the tax formula is the standard deduction. The effect of the standard deduction is to exempt part of a taxpayer's income from Federal income tax liability.
Basic Standard Deduction Amounts
Standard Deduction Amount | ||
---|---|---|
Filing Status | 2020 | 2021 |
Single | $12,400 | $12,550 |
Married, filing jointly | 24,800 | 25,100 |
Surviving spouse | 24,800 | 25,100 |
Head of household | 18,650 | 18,800 |
Married, filing separately | 12,400 | 12,550 |
Additional Standard Deduction Amounts
Filing Status | 2020 | 2021 |
---|---|---|
Single | $1,650 | $1,700 |
Married, filing jointly | 1,300 | 1,350 |
Surviving spouse | 1,300 | 1,350 |
Head of household | 1,650 | 1,700 |
Married, filing separately | 1,300 | 1,350 |
I have correct answers for A B & D
Really just need to see work on C
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