Standard Deductions/Personal Exemption for 2016 Tax Year
| Personal exemption: | $4,050 per person
(none if filing as a dependent) |
||
| Standard deduction: | if age 65/over; blind | ||
| MFJ, QW | $12,600 | + $1,250 | |
| HH | $9,300 | + $1,550 | |
| S | $6,300 | + $1,550 | |
| MFS | $6,300 | + $1,250 | |
| Dependent: | greater of: ($1050) or (earned income +$350)
up to standard deduction | ||
| New for 2016 | Other Tax Adjustments |
