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• Reduces the income subject to tax and varies depending on filing status, age, blindness, and dependency.

  Internal Revenue Service - Cite This Source - This Definition
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  Cite Definition for standard deduction

  American Psychological Association (APA)

  standard deduction. (n.d.). Understanding Taxes Student Glossary. Retrieved February 1, 2023, from website: http://www.expertglossary.com/definition/standard-deduction.

  Chicago Manual of Style (CMS)

  standard deduction. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/standard-deduction (accessed: February 1, 2023).

  Modern Language Association (MLA)

  "standard deduction." Understanding Taxes Student Glossary. Internal Revenue Service. 1 February. 2023 http://www.expertglossary.com/definition/standard-deduction.

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