Accounting Associates


 
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







 
 
© 2009 Barbara J Ford CPA. All rights reserved. Legal Notice.