John is a widower, over 65, and blind. His wife died in 2017. He has no children. What is John's standard deduction in 2019?

Respuesta :

Answer:

John's standard deduction for 2019 is $12,200 (plus $2,950) = $15,150

Explanation:

Standard deduction is a way reducing  taxable income by neglecting a portion of an individual's income.

In John's case, in 2019, he is Over 65 and blind which gives him $1,300 more deduction. He is also unmarried as his wife is dead so that gives him another $1,650 deduction more.

In total, he has the the standard deduction of $12,200 + his conditional deduction of ($1,300 + $1,650)

= $15,150

Cheers.