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. The standard deduction is a set amount that you are allowed to take based on your filing status and age. Standard deductions make filing taxes simpler because you donât have to file Schedule A or retain documentation to support taking the standard deduction.