What are standard deductions?

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Question

Asked 9/30/2010 9:29:28 PM

Updated 12/28/2018 10:16:00 AM

2 Answers/Comments

Flagged by alfred123 [10/19/2014 12:34:27 PM], Edited by andrewpallarca [10/19/2014 12:47:42 PM]

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User: What are standard deductions?

Question

Asked 9/30/2010 9:29:28 PM

Updated 12/28/2018 10:16:00 AM

2 Answers/Comments

Flagged by alfred123 [10/19/2014 12:34:27 PM], Edited by andrewpallarca [10/19/2014 12:47:42 PM]

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alfred123

The standard deduction, as defined under United States tax law, is a dollar amount that non-itemizers may subtract from their income and is based upon filing status.

Added 10/19/2014 12:34:22 PM

This answer has been confirmed as correct and helpful.

Confirmed by andrewpallarca [10/19/2014 12:47:32 PM]

andreninpad

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Added 12/28/2018 10:16:00 AM

Deleted by oldwallet [1/1/2025 1:59:05 PM]

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