by Kristin P. Sinclair, A Accu Tax June 26, 2022
In 2022 the standard deduction increased for most taxpayers. This is welcome news because inflation has certainly impacted the daily lives of most Americans. In 2022 the standard deduction for a married couple filing jointly will be $25,900.00. The standard deduction for a single person will be $12,950.00. The standard deduction for a head of household taxpayer will be $19,400.00. Please note that once a taxpayer reaches age 65, then will be $1,700 for a single person, $2,700 for a couple filing jointly, and additional deduction benefits for the blind.