Personal exemption: | $3,100 per person
(none if filing as a dependent) |
||
Standard deduction: | if age 65/over; blind | ||
MFJ, QW | $9,700 | + $950 | |
HH | $7,150 | + $1,200 | |
S | $4,850 | + $1,200 | |
MFS | $4,850 | + $950 | |
Dependent: | greater of: ($800) or (earned income +$250)
up to standard deduction |
New for 2004 | Other Tax Adjustments |