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1 reply

DoninGA
Employee
April 12, 2023

No, the Standard Deduction is based on your filing status.  It is the amount of your taxable income that is tax free.

 

Standard deductions for 2022

Single - $12,950 add $1,750 if age 65 or older
Married Filing Separately - $12,950 add $1,400 if age 65 or older
Married Filing Jointly - $25,900 add $1,400 for each spouse age 65 or older
Head of Household - $19,400 add $1,750 if age 65 or older