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Most recent tagged with: standard deduction

infographic
Historical Comparisons of Standard Deductions and Personal Exemptions
2/8/2012 TurboTaxLisa Tax Deductions and Credits

Historical Comparisons of Standard Deductions and Personal Exemptions

Throughout history the IRS continues to give us a little break on our taxes by adjusting the standard deduction and personal exemption each year for inflation. See how these deductions have increased throughout the years with our infographic comparison.

Full story

Should You Take the Standard or Itemized Deduction?
3/13/2011 JoeTaxpayer Taxes 101

Should You Take the Standard or Itemized Deduction?

When doing your 2010 tax return are you taking the standard deduction or itemizing your tax return? Learn which route might work best for you. Full story

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