2020 Form W-4
Their standard deduction for 2020 is $28,700 ($24,800 + $1,300 + $1,300 + $1,300). ... They are entitled to a basic standard deduction of $24,800 and additional standard deductions of $1,300 each for being age 65 or older. Luther is a dependent (but this has no impact on their taxable income determination; it will provide a dependent tax credit ................
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