Standard Deduction and Tax Computation - IRS tax forms
A standard deduction for most taxpayers is a set dollar amount based on the taxpayer’s filing status. An . increased standard deduction is available to taxpayers who are 65 or older or blind. There are limitations on ... 2017 and before January 1, 2026, there is a deduction for "pass through" businesses. Sole proprietors are categorized as ... ................
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