Population Demographics for Sherman County, Texas in 2016 and 2015.
Additional amounts are available for persons who are blind and/or are at least 65 years of age. The standard deduction is distinct from personal exemptions, which also are available to all taxpayers and dependents.
Form 1040 tax returns allow you to make two types of deductions-standard deductions and itemized deductions. Standard deductions are deductions that every taxpayer is automatically eligible for. The amounts are set based on age and tax filing status. The itemized deductions are based on eligible expenses. You should add together all your itemized deductions, compare the totals to standard deductions and choose whichever one is bigger. Filling Out Itemized Deductions.