Can someone explain whats the standard deduction?
I have my first job and by then of the year i will earn 16k. I understand whats the FICA tax but I dont get the federal tax, like I thought I had to save up 10% of every check until next year to file taxes but now there’s the standard deduction?
Sorry if this is dumb but In having a hard time.
Posted Aug 4, 2025, 4:37 PM UTC
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