how much is tax deduction for married people in chicago with working visa?

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how much is tax deduction for married people in chicago with working visa?

2007-08-06 00:47:30 · 2 answers · asked by chini d 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

An exemption of $3400 is given for each person filing the return and each dependent. A standard deduction of $10,700 is given for a joint return, $5350 for a married person filing a separate return - it's a little higher if you are aged 65 or over.

2007-08-06 03:11:15 · answer #1 · answered by Judy 7 · 1⤊ 0⤋

If you file a joint return the standard deduction is the same as anyone else's: $10,700 for 2007.

2007-08-06 00:51:29 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋