The standard deduction for single people......WENT UP A WHOPPING 50 BUCKS.....STOP THE PRESS, its time to rewrite history, this sweeping new change will put more money in our pockets, its gonna cause the biggest economic boom in all the world....Trump you are magnificant, as Orin Hatch said, you will got down as the greatest president of all times.....6300 to 6350!!!!!, thank you, thank you thank Mr. Trump, may the Gods shine their glowing lights on you forever.....
You good for nothing piece of white dog shit trash!!!
$6350 to 12000 is 50 bucks?...were did you go to school?...
Standard deduction amounts increased.
For 2017, the standard deduction for married individuals filing a joint return and qualifying widow(er)s has increased to $12,700; for head of household filers the amount has increased to $9,350; and for single filers and married individuals filing separate returns the amount has increased to $6,350.
Yeah, for the 2017 tax year, dipshit. Starting next year it’s $12,000 for single people and $24,000 for married people.
You people are so clueless it’s no wonder why you believe half the ridiculous shit that you do
You are clueless dipshits.
2017 - Single: Standard deduction 6350 + individual exemption 4050 = 10,400
2017 - Couple: Standard deduction 12,700 + Individual exemptions 8100 = 20,800.
What that means is the deduction increase will be $1,600 for individuals and $3,200 for couples. or 15% for individuals and 13% for couples. However the current standard deduction and personal exemption are indexed to inflation. The new standard deduction will not be indexed for inflation so it loses a little value each year.
