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What are the standard deduction amounts for each filing status?

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What are the standard deduction amounts for each filing status?

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The standard deduction goes on line 41 of the IA 1040, which is the long form. The standard deduction is built into the tax tables for the short form (1040A), so it is not entered as a separate line item on that form. The standard deduction is $1,650 for tax year 2006 / $1,700 for tax year 2007 / $1,750 for tax year 2008 if you select filing status – (1) Single; (3) Married filing separately on a combined return; or (4) Married filing separate returns. The standard deduction is $4,060 for tax year 2006 / $4,200 for tax year 2007 / $4,310 for tax year 2008 if you select filing status – (2) Married filing joint; (5) Head of household, or (6) Qualifying widow or widower with dependent child.

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The standard deduction goes on line 41 of the IA 1040, which is the long form. The standard deduction is built into the tax tables for the short form (1040A), so it is not entered as a separate line item on that form. The standard deduction is $1,580 for tax year 2004 if you select filing status – (1) Single; (3) Married filing separately on a combined return; or (4) married filing separate returns. The standard deduction is $3,880 for tax year 2004 if you select filing status – (2) Married filing joint; (5) Head of household, or (6) Qualifying widow or widower with dependent child.

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