Skip to main content
March 29, 2020
Question

Does the standard deduction decrease if your income exceeds a certain amount ?

  • March 29, 2020
  • 1 reply
  • 0 views
No text available

1 reply

March 29, 2020

No, the Standard Deduction does not decrease if your income exceeds a certain amount.

 

The Standard Deduction amounts for 2019 are:

 

Single $12,200

Head of Household $18,350

Married Filing Joint $24,400

Married Filing Separate $12,200

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"