What Is the Standard Deduction for 2013?


Quick Answer

For 2013 the standard deduction for most people was $6,100 for individuals or $12,200 for married couples filing jointly or widows or widowers with a dependent child. The standard deduction for the head of a household was $8,950.

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Full Answer

There were different, higher, standard deductions for those who are blind or born before Jan. 2, 1949, for which the IRS maintains tables that tax filers may consult. There are situations where individual standard deductions may have been zero. Using the standard deduction is the best option if the total amount of allowable itemized deductions is less than the standard deduction amount. If allowable itemized deductions are greater than the standard deduction, it is best to deduct them individually.

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