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Increases in Standard Deductions for Tax Year 2022

  • cuffystaxservice
  • Oct 23, 2022
  • 1 min read
  • The standard deduction for married couples filing jointly for tax year 2022 rises to $25,900 up $800 from the prior year.

  • For single taxpayers and married individuals filing separately, the standard deduction rises to $12,950 for 2022, up $400

  • For heads of households, the standard deduction will be $19,400 for tax year 2022, up $600.

Before the Tax Cut and Jobs Act, taxpayers were allowed a deduction for each individual claimed on the tax return (taxpayer(s) and their dependents). That deduction has not been restored, and remains at $0 for tax year 2022 as it has since 2018.



 
 
 

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Tony Johnson
Tony Johnson
Apr 27, 2024

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