Tax Cuts and Jobs Act - Standard Deduction Amounts for 2018
Software reference · Written guide Content date 1 min read
While personal exemptions have been reduced to $0 for tax year 2018, standard deduction amounts have nearly doubled for all filing statuses. The standard deduction amount will increase to $12,000 for single taxpayers and married taxpayers filing separately, $18,000 for taxpayers filing as head of household, and $24,000 for married couples filing jointly.
| Filing Status | Standard Deduction for 2018 | Standard Deduction for 2017 | Increase from 2017 |
| Single | $12,000 | $6,350 | + $5,650 |
| Married Filing Joint | $24,000 | $12,700 | + $11,300 |
| Head of Household | $18,000 | $9,350 | + $8,650 |
| Married Filing Separate | $12,000 | $6,350 | + $5,650 |
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