Basic Standard Deduction
The applicable basic standard deduction amounts for tax years 2006-2012 are as follows:
| Filing status | |||||
|---|---|---|---|---|---|
| Year | Single | Married Filing Jointly | Married Filing Separately | Head of household | Qualifying Surviving Spouse |
| 2012 | $5,950 | $11,900 | $5,950 | $8,700 | $11,900 |
| 2011 | $5,800 | $11,600 | $5,800 | $8,500 | $11,600 |
| 2010 | $5,700 | $11,400 | $5,700 | $8,400 | $11,400 |
| 2009 | $5,700 | $11,400 | $5,700 | $8,350 | $11,400 |
| 2008 | $5,450 | $10,900 | $5,450 | $8,000 | $10,900 |
| 2007 | $5,350 | $10,700 | $5,350 | $7,850 | $10,700 |
| 2006 | $5,150 | $10,300 | $5,150 | $7,550 | $10,300 |
Read more about this topic: Standard Deduction
Famous quotes containing the words basic and/or standard:
“Scientific reason, with its strict conscience, its lack of prejudice, and its determination to question every result again the moment it might lead to the least intellectual advantage, does in an area of secondary interest what we ought to be doing with the basic questions of life.”
—Robert Musil (1880–1942)
“The art of advertisement, after the American manner, has introduced into all our life such a lavish use of superlatives, that no standard of value whatever is intact.”
—Wyndham Lewis (1882–1957)
Related Phrases
Related Words