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.
The standard deduction is $8,700 for the 2012 tax year if you file as the head of a household. Filers using the single or married filing separately statuses have a standard deduction of $5,950. If you use your standard deduction, the head of household status lets you avoid taxes on an extra $2,750 of your income.