The standard deduction is $12,200 for a single person. Suppose you file as a single person, and your current income is $12,200. This means that your taxable income is:

Name: The standard deduction is $12,200 for a single person. Suppose you file as a single person, and your current income is $12,200. This means that your taxable income is:
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If your income is the same as the standard deduction, your taxable income would be $0 because the standard deduction would eliminate any taxable income.

The Standard Deduction Is $12,200 for a Single Person