Talk of The Villages Florida - View Single Post - Was your tax refund bigger this year?
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Old 02-26-2022, 10:36 AM
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For 2021 tax return, the standard deduction is now $12,550 for single filers (an increase of $150) and $25,100 for married couples filing jointly (an increase of $300). For heads of households, the standard deduction is now $18,800 (an increase of $150). These increases are inflation adjustments.
Not too much to make a big difference. Perhaps a change ib the tax brackets.