Standard Deductions/Personal Exemption for 2011 Tax Year

Personal exemption:$3,700 per person   (none if filing as a dependent)

Standard deduction:   if age 65/over; blind
MFJ, QW $11,600 + $1,150
HH $8,500 + $1,450
S $5,800 + $1,450
MFS $5,800 + $1,150
Dependent: greater of: ($950) or (earned income +$300)
  up to standard deduction


New for 2011 Other Tax Adjustments