Standard Deduction

Under the Tax Cuts and Jobs Act, the personal exemption for 2018 and future years is $0.

The table below summarizes the standard deduction for 2018:

 

Filing Status

Standard Deduction

Additional for elderly and/or blind

Single

$12,000

$1,600

Head of Household

$18,000

$1,600

Married Filing Joint

$24,000

$1,300

Married Filing Separate

$12,000

$1,300