What is the new standard deduction amount for income earned in 2023?
The IRS Will Let You Keep More Of Your Paycheck In 2023

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$13,850
$11,500
$12,000
$15,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much will the highest income tax bracket shift due to the new adjustments?
5%
10%
7%
3%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For married couples filing jointly, what is the difference in the new standard deduction?
$2,000
$1,800
$900
$1,500
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the new deductible amount for teachers spending out of pocket on classroom supplies?
$400
$250
$300
$350
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much do most teachers typically spend out of pocket for their classrooms?
$500
$800
$600
$750
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