by Angie | Jan 18, 2023 | Itemize, Standard
To simplify this question, first, you need to know what is the standard deduction for your situation? The 2022 Standard Deduction for Single or Married filing separately is $12,950, for Married filing jointly orQualifying surviving spouse is $25,900, and Head of...
by Angie | Apr 16, 2022 | Itemize, Taxes
Now we come to the part where you must decide if you should take the standard deduction or itemize your deductions. Are you looking at the previous statement like a deer in headlights because you’re not quite sure what a deduction is? It’s ok. I got you. Basically, a...