For 2021, the standard deduction is $12,550 for single filers and $25,100 for married couples filing jointly. For 2022, it is $12,950 for singles and $25,900 for married couples.

If you can be claimed as a dependent on someone else's return, the rules are the same as they were in 2020. The 2021 standard deduction for dependents is $1,100 or the sum of earned income plus ...

In 2021, the standard deduction is: $25,100 for married joint filers; $12,550 for single taxpayers or married separate filers; $18,800 for heads of household; ...

For 2021, the additional standard deduction amount for the aged or the blind is $1,350. The additional standard deduction amount increases to $1,700 for unmarried taxpayers.

2021 standard deductions are a bit sweeter The standard deductions for 2021 come with a boost that will lead to more tax savings. If your standard deduction is more than the total of your itemized ...

The standard deduction is the amount taxpayers can subtract from their income if they don’t break out, or “itemize,” deductions for mortgage interest, charitable contributions, state and ...

Due to the decrease in itemized deductions available to taxpayers, the standard deduction has been the more popular choice since the implementation of the Tax Cuts and Jobs Acts of 2017.

For married filers who are 65 or over or blind, the standard deduction for 2021 rises by $1,350 (up from $1,300 in 2020). The standard deduction has increased over time.

While technically not an "above-the-line" deduction because it's reported on Form 1040 after your AGI is set, people who take the standard deduction on their 2021 tax return can deduct up to $300 ...

The standard deduction changes every year. For the 2020 tax year -- which is the tax year you're about to submit a return for -- here's what it looked like: $12,400 for single filers and married ...

For the 2021 tax year, single filers maintained the $300 deduction, but those married filing jointly could deduct up to $600 ($300 per filer). This was not the only change, however.

If you're trying to identify a simple way to maximize the benefits of the tax code, the 2021 standard deduction amounts are another treat to add to your tax checklist.