2016 Standard Deductions

The 2016 standard deductions go up a bit for heads of household . . . $9,300, plus $1,500 more once they reach age 65. Marrieds can take $12,600 plus $1,250 for each spouse age 65 or older. Singles get $6,300 . . . $7,850 if age 65 or up in 2016.

   

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