------------------------------------------------------------5 e! Q1 S, w$ z+ u0 E2 j6 X: ]
A base amount of income that is not subject to tax and that% F' }! k/ |0 ]+ c+ t1 ]
can be used to reduce a taxpayer's adjusted gross income (AGI).
$ W. R5 I9 ~! B3 r5 J: IA standard deduction can only be used if the taxpayer does+ t" _! N& e) e3 g$ }4 v+ W) Q
not choose the itemized deduction method of calculating2 Q/ }+ O! K% [9 C* n
taxable income. The amount of the standard deduction is based0 C* k' z3 s3 {
on a taxpayer's filing status, age and whether he or she is6 P$ F; ~- ^( G D
disabled or claimed as a dependent on someone else's tax return. |
