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Need Some Deductions for 2011?
Don't overlook these!
Standard Deduction - 2011
- Single: $5,800
- Head of Household: $8,500
- Married Filing Joint Return: $11,600
- Married Filing Separately: $5,800
- Qualifying Widow/Widower: $11,600
- Dependents-minimum deduction: $950
Additional deduction if age 65 or older, or blind:
- Married-per spouse, filing jointly or separately:
- $1,150 ($2,300 for age and blindness)
- Qualifying widow(er):
- $1,150 ($2,300 for age and blindness)
- Single or head of household:
- $1,450 ($2,900 for age and blindness)
Standard Deduction for - 2010
- Single: $5,700
- Head of Household: $8,400
- Married Filing Joint: $11,400
- Married Filing Separately: $5,700
- Qualifying Widow/Widower: $11,400
- Dependents-minimum deduction: $950
Additional deduction if age 65 or older, or blind:
- Married-per spouse, filing jointly or separately:
- $1,100 ($2,200 for age and blindness)
- Qualifying widow(er):
- $1,100 ($2,200 for age and blindness)
- Single or head of household:
- $1,400 ($2,800 for age and blindness)