Determine the amount of the standard deduction for each of the following taxpayers for tax year 2017.
1.Leo and Mary who are under 65 and filing a joint return.They have no dependents.
2.Sergio who is single.
3.Peter who is over 65 and single.
4.Anna who is 38 and filing as head of household with a dependent child.
5.Frank who is 45 and blind and is filing as married filing separately.

Standard Deduction

A fixed dollar amount that reduces the income on which you are taxed, an alternative to itemizing deductions, varies based on filing status.

Tax Year

The 12-month period for which tax is calculated and paid. It can be a calendar year or a fiscal year.

Filing Joint Return

The tax filing status used by married couples who choose to combine their income and report it on one tax return.