The reason is simple: with older Los-Angeles-class fast-attack submarines (built between 1972 and 1996) retiring at a faster pace than Virginia subs are added, the U.S. Navy will face a shortfall in the number of active vessels in the near future.
The IRS says most taxpayers use the standard deduction. The standard deduction amount is different for each filing status and is higher for blind taxpayers and those who are age 65 or older. The amounts are also adjusted for inflation each year. 2016 tax return standard deductions
A standard deduction for most taxpayers is a set dollar amount based on the taxpayerâs filing status. An increased standard deduction is available to taxpayers who are 65 or older or blind. There are limitations on the standard deduction for taxpayers who can be claimed as a dependent on someone else's return. The