|
This page should not be used to answer any particular financial question or be considered professional advice.
| Type of Deduction |
2005 |
2004 |
| Standard Deduction |
|
|
| Single |
$5,000 |
$4,850 |
| Married Filing Jointly or Surviving Spousee |
$10,000 |
$9,700 |
| Married Filing Separately |
$5,000 |
$4,850 |
| Head of Household |
$7,300 |
$7,150 |
| Additional for 65 or Older or Blind - Married |
$1,000 |
$950 |
| Additional for 65 and Older Blind - Unmarried |
$1,250 |
$1,200 |
| Taxpayer claimed as a dependent |
$800 |
$800 |
| Personal/Dependent Exemption Social Security Number is required - $50 penalty |
$3,200 |
$3,100 |
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