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Hello, I'm Kitty Sonorus from Sonorous Wealth Management. This video discusses the difference between standard and itemized deductions and when to use each. The standard deduction is a flat amount based on your filing status and has almost doubled due to tax reform. For 2019, it is $12,200 for single filers, $18,350 for heads of household, $24,400 for married filing jointly, $12,200 for married filing separately, and $24,400 for qualifying widowers. You can use the standard deduction in one year and itemize in another.