What's the standard deduction for 2022?
AI accountant’s answer:
For the 2022 tax year, the standard deductions are as follows:
- Married couples filing jointly: $25,900 - Single taxpayers and married individuals filing separately: $12,950 - Heads of households: $19,400
These amounts are higher than the previous year due to inflation adjustments.
Keeper’s AI Accountant V2
V2 is still a fine-tuned instance of GPT-4. Improvements over V1 include more comprehensive tax code embeddings, and a better chain-of-reasoning retrieval system.