Tax Deductions and Credits Historical Comparisons of Standard Deductions and Personal Exemptions Read the Article Open Share Drawer Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn Share on Pinterest (Opens in new window) Pinterest Print (Opens in new window) Print Written by TurboTaxLisa Published Feb 8, 2012 - [Updated Sep 7, 2017] 0 min read 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. [intuit_tt_infographic id=9375] [tt_share_code url=”https://blog.turbotax.intuit.com/wp-content/uploads/2012/02/standard-deduction-personal-exemption-infographic.png” width=”620″ height=”1877″ title=”standard deductions personal exemptions” alt=”standard deductions personal exemptions”] Previous Post What is the Earned Income Tax Credit? Next Post Expanded Qualified Adoption Tax Credit Rules Your refund is waiting Get started Written by TurboTaxLisa Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from TurboTaxLisa Follow TurboTaxLisa on Twitter. Browse Related Articles Taxes 101 What Is a Personal Exemption & Should You Use It? Tax Deductions and Credits Apples and Oranges? Standard Deductions vs. Itemized Deductions Tax Reform How Will Tax Reform Affect My Refund Next Year? Tax Reform Tax Reform 101: 5 Things To Do Now Deductions and Credits Tax Deductions for Newlyweds Tax Deductions and Credits TurboTax AnswerXchange Question of the Month: Standard vs. Itemized Deductions? Tax Deductions and Credits Standard vs Itemized Deduction Calculator Tax News 4 Key Things You Need to Know About the New 2020 IRS Form W-4 for Employee Withholding Tax Reform I’m Donating to Charity This Winter, Will I Still Get a Deduction? Tax Deductions and Credits Tax Credits vs. Tax Deductions: What Are the Differences?