Page 18 - 2020 Taxes Quick Guide
P. 18

Standard Deduction







                                                                      Maximum of
                                                                      $12,400.





                                                                      Single



                                                  Single &
                   Additional for 65+                                                                   Maximum of
                                                  Heads of                             Married
                 and blind taxpayers:             household                          filing jointly     $24,800.
                                 $1,650.
                                        .                          Standard
                                                                  Deduction

                                                                      2020
                                                                                                       Maximum of
                    Additional for 65+         Married filing                       Married filing     $12,400. ($0 if
                  and blind taxpayers:             jointly                            separately       spouse itemizes
                                 $1,300..                                                              deductions)

                                                                    Heads of
                                                                   Household






                                                                 Maximum of
                                                                      $18,650..
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