Standard Deductions/Personal Exemption for 2014 Tax Year
| Personal exemption: | $3,950 per person
(none if filing as a dependent) |
||
| Standard deduction: | if age 65/over; blind | ||
| MFJ, QW | $12,400 | + $1,200 | |
| HH | $9,100 | + $1,550 | |
| S | $6,200 | + $1,550 | |
| MFS | $6,200 | + $1,200 | |
| Dependent: | greater of: ($1000) or (earned income +$350)
up to standard deduction | ||
| New for 2014 | Other Tax Adjustments |
