Question

Ivan (47) is single. He is not blind. What is his 2022 standard deduction?

O $12,550
O $12,950
O $19,400
O $25,900

Answer 1

Ivan's standard deduction for the year 2022 is $12,950, as he is single and not blind. Based on the information provided, Ivan is single and not blind. For the 2022 tax year, the standard deduction for a single taxpayer is $12,950. Therefore, Ivan's standard deduction is $12,950.

Step-by-step explanation:

The question asks us to determine Ivan's standard deduction for the year 2022. Based on the information provided, Ivan is single and not blind. For the 2022 tax year, the standard deduction for a single taxpayer is $12,950. Therefore, Ivan's standard deduction is $12,950. Ivan's standard deduction for the year 2022 is $12,950, as he is single and not blind. Based on the information provided, Ivan is single and not blind.

Ivan's 2022 standard deduction is $12,950.

To calculate Ivan's standard deduction for 2022, we need to refer to the provided tax brackets. Since Ivan is single, we can see that his income falls within the first tax bracket, which has a standard deduction of $12,950. Therefore, his 2022 standard deduction is $12,950.