What's the Standard Deduction for 2022 vs. 2021?
Unless you requested a tax filing extension, you should be done with your 2021 tax return by now. But after taking a short break from taxes to clear your mind, it's a good idea to start thinking about your next federal income tax return now. Start with something basic â like the standard deduction.
You have a choice to make each year when filling out your federal income tax return: standard deduction is that year. It's different from year to year and from person to person.
