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The first document is from 2013, and the second document is from 2023. How did the standard deduction evolve?
Response
Here's how the standard deduction evolved between the 2013 and 2023 tax forms, based on the provided images:
The images only show a portion of the forms, and don't give the exact amounts for 2013. However, we can see the 2023 standard deduction amounts:
Single or Married Filing Separately: $13,850
Married Filing Jointly or Qualifying Surviving Spouse: $27,700
Head of Household: $20,800
To determine the evolution, you would need to find the 2013 Form 1040 instructions or a similar resource to obtain the standard deduction amounts for that year. Then, you can compare those figures to the 2023 amounts above to see the changes. The changes would likely reflect adjustments for inflation and potential tax law changes between those years.
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