Sentences with phrase «standard deduction introduced»

If you usually take the standard deduction — which will become more common, thanks to the higher standard deduction introduced by 2017's tax law — you might bunch two or three years of charitable contributions into one tax year and see if that allows you to itemize.

Many retirees will find themselves in this tax situation in 2018 and subsequent years, thanks to the higher standard deduction introduced by 2017's tax law.

Not exact matches

Starting this year, the government has now introduced a standard deduction for taxable income.