Sentences with phrase «savings than the standard deduction»

Not exact matches

When you throw those other itemized deductions into the pot, you may find that your total savings are significantly greater than your standard deduction.

Single taxpayers, on the other hand, would see a tax benefit of more than $ 600 over the standard deduction (for $ 7K in interest expense), although the net tax savings would only be about $ 150 for a payer in the 25 percent tax bracket.