2019 Tax season, Standard Deductions
$12,200 for those who are single, or married and filing separately
$18, 350 for those filing as the "head of the household"
$24,400 for married couples filing jointly
텍스 크레딧과 텍스 디덕션의 차이
“Standard mileage rate The deductible amount you can claim for each mile you use your car for business, charitable, job-related moving or medical purposes without having to keep track of the actual cost.”
텍스 크레딧 (Tax Credit)
텍스 크레딧에는 nonrefundable tax credit 과 refundable tax credit이 있습니다.
Nonrefundable tax credit은 지불해야할 텍스금액만큼 혜택을 받을 수 있으며 refundable tax credit은 계산된 지불해야할 텍스금액을 오버해서 혜택을 받을 수 있습니다.
2019을 위한 가장 유용한 텍스 디덕션(Tax Deduction)
“Be organized, be simple, and keep your expense records.”
1. Charitable contributions.
2. Contributions to retirement accounts (IRA or 401k etc).
3. Home Office.
4. Mortgage Interests.
5. State and local taxes.
6. Health Insurance. and more.