2009 At a Glance
2009 Personal Exemption $3,650
2009 Standard Deduction
Married,Filing Jointly $11,400
Single $5,700
Married, Filing Separately $5,700
Head of Household $8,350
Blind or over 65 & married - add $1,100 for each if applicable
Blind or over 65 & single/head of household - add $1,400 for each if applicable
A dependent must file a tax return if they have either unearned income over $950 or earned income over $5700 if under 65 years of age.
2009-2010 Standard Mileage Rates-
| Mileage Rates |
2009
|
2010
|
| Business |
55 cents
|
50 cents
|
| Charitable |
14 cents
|
14 cents
|
| Moving & Medical |
24 cents
|
16.5 cents
|
2009 Social Security Earnings Limit
before reaching full retirement age $14,160
at full retirement or older no limit
2009 Wage base
Social Security tax $106,800
Medicare no limit
This website should not be used as a substitute for professional advice. If legal advice or other expert assistance is required, the services of a competent tax advisor should be sought.
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