Tax Topic

Standard deduction

The 2017 Tax Cut and Jobs Act nearly doubled the standard deduction. The standard deduction for 2018 is:

	Single	$12,000 (up from $6,350 in 2017)
	Married filing jointly, qualified widow(er)	$24,000 (up from $12,700 in 2017)
	Married filing separately	$12,000 (up from $6,350 in 2017)
	Head of household	$18,000 (up from $9,350 in 2017)

< Back to Tax Topics page