Tax Updates
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| TAX UPDATES FOR FILING 2009 RETURNS |
| Standard Deductions have increased to: |
| |
Married filing jointly |
$ 11,400 |
| |
Single or Married filing separately |
$ 5,700 |
| |
Head of Household |
$ 8,350 |
| |
|
| Standard Exemption |
$ 3,650 |
| |
|
| Mileage Deduction |
55¢ cents per mile |
| |
|
| Credits |
| |
Energy Efficient Home |
$ 2,000 |
| |
Making Work Pay |
$400 to $800 |
| |
First Time Home Buyer |
up to $8,000 |
| |
Earned Income |
up to $12,570 |
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