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Need Some Deductions for 2011?
Don't overlook these!
Personal Exemption for 2010 and 2011
- 2011: $3,700 (no phaseout)
- 2010: $3,650 (no phaseout)
Personal Exemption Not Subject to Phaseout
For 2011 and 2010, you may claim the full deduction listed above for each personal exemption regardless of your income.