Arthur is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthur's standard deduction?

Question

Social Studies

Carmelo Stephens

12 November, 09:38

Arthur is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthur's standard deduction?

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Answers (1)

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Aryana Sparks · Answer 1

Additional sum of money will be added to Arthur's standard deduction.

Explanation:

The taxable income of any taxpayer gets an additional amount added to the tax money that reduces the amount, this is called as the standard deduction. Any household can claim the standard deduction with the income level below certain threshold. For any taxpayers whose age is 65 or even older can acquire the benefit of additional amount that gets added to their standard deduction.