| 单词 | standard deduction |
| 释义 | standard deduction Worse, if they take the standard deduction and don't itemize, they pay taxes on the whole allowance. Christianity Today The standard deduction may not be the best option. Houston Chronicle Nearly two out of three taxpayers take the standard deduction rather than itemizing deductions such as mortgage interest, charitable contributions, and state and local taxes. Christianity Today In order to determine taxable income, an individual reduces adjusted gross income by any personal exemptions, deductions, and either the applicable standard deduction or itemized deductions. Christianity Today Assumes families earning $25,000 and $50,000 claim the standard deduction. Houston Chronicle |
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