this post was submitted on 02 Mar 2026
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Standard deduction is slightly different than an exemption. You're deducting a set amount (instead of itemizing it, which only makes sense to do if the total is more than the standard deduction, which it won't be for most professions).
An ~~exception~~ exemption would be removing a portion of the taxable income before it is taxed.
Pretty similar outcome for most people, but still an important distinction.
Edit: fixed autocorrect error