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What's New for 2018 [税金]

Standard deduction amount increased.

For 2018, the standard deduction amount has been increased for all filers, and the amounts are as follows.

•Single or Married Filing Separately—$12,000.

•Married Filing Jointly or Qualifying Widow(er)—$24,000.
•Head of Household—$18,000.

Due to the increase in the standard deduction and reduced usage of itemized deductions.

Tax Return 2.jpg



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