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.
Five Year History of the Standard Deduction. By Rob Berger 1 Comment. T he standard deduction is the basic tax break that all taxpayers get, as long as they fall under a certain income limit. Specifically, the standard deduction is the amount you can subtract from your income before it is taxed.