Asked by Ryan Makhanlall on Jul 16, 2024

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The basic standard deduction in 2017 for a Head of Household taxpayer who is 41 years old and not blind is:

A) $6,350.
B) $7,900.
C) $12,700.
D) $9,350.

Basic Standard Deduction

The preset amount subtracted from income that is not subject to federal income tax, differing by filing status and not requiring itemization.

Head of Household

A tax filing status for individuals who are unmarried and provide more than half of the financial support for their household.

Taxpayer

An individual or entity that is obligated to make payments to municipal, state, or national authorities, usually in the form of taxes.

  • Calculate the standard deduction quantifications for varied taxpayer circumstances.
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Verified Answer

BT
Bharathish TamraparniJul 18, 2024
Final Answer :
D
Explanation :
The basic standard deduction for a Head of Household taxpayer who is 41 years old and not blind is $9,350 in 2017. Therefore, the correct answer is D.