Internal Revenue Service United States Department of the Treasury
Module 7: Standard Deduction

Page 2 of 6

 

The standard deduction for most taxpayers is a set dollar amount based on the taxpayer's filing status.

The Interactive Tax Assistant on IRS.gov can be used to answer the question How Much Is My Standard Deduction?




Tax Tip

"Some taxpayers will itemize deductions. When their itemized deductions are greater than the standard deduction, they use the itemized deductions instead of the standard deduction."
~ Tina the Tax Tutor

"Definitions are provided for terms you will need to remember"

~Tina The Tax Tutor

Hint: Click on the Blue Underline words to view the definitions

 

Tax Tutorial