Standard Deductions/Personal Exemption for 2005 Tax Year
| Personal exemption: | $3,200 per person
(none if filing as a dependent) |
||
| Standard deduction: | if age 65/over; blind | ||
| MFJ, QW | $10,000 | + $1,000 | |
| HH | $7,300 | + $1,250 | |
| S | $5,000 | + $1,250 | |
| MFS | $5,000 | + $1,000 | |
| Dependent: | greater of: ($800) or (earned income +$250)
up to standard deduction | ||
| New for 2005 | Other Tax Adjustments |
