------------------------------------------------------------6 ` m+ }/ S2 e
A base amount of income that is not subject to tax and that. [8 j6 P; W' B$ N1 D) F* p
can be used to reduce a taxpayer's adjusted gross income (AGI).' ?: t4 o) O) F) J
A standard deduction can only be used if the taxpayer does3 q( g T* B. |9 q+ K
not choose the itemized deduction method of calculating$ W% S- y! s6 K2 T" k1 U
taxable income. The amount of the standard deduction is based
, o% f: w4 b7 ~( a) x* }on a taxpayer's filing status, age and whether he or she is
9 M- d- d' ~0 @ i, vdisabled or claimed as a dependent on someone else's tax return. |
