TaxCharm blog: 2012 Tax Year Standard Deduction and Exemptions am...

TaxCharm blog: 2012 Tax Year Standard Deduction and Exemptions am...: Standard Deductions for 2012 tax year  Single: $5,950-an increase from $5,800 Married Filing Separately: $5,950.Tax Charm blog is not legal or professional advice.

You are reading Tax Charm blog at your own free will and you are taking the information provided at your own risk.

I am the legal copy righter of this blog, you may not use, reprint or publish information from this blog without my permission.


 

When is the first day to submit 2012 tax returns to IRS?

The IRS pushed back the day they will begin to accept e-filed and paper 2012 tax returns to January 30, 2013.

Brought to you by Tax Charm.
Tax Charm blog is not legal or professional advice.

You are reading Tax Charm blog at your own free will and you are taking the information provided at your own risk.

I am the legal copy righter of this blog, you may not use, reprint or publish information from this blog without my permission.

 

2012 Tax Year Standard Deduction and Exemptions amount

Standard Deductions for 2012 tax year

 Single: $5,950-an increase from $5,800
Married Filing Separately: $5,950, an increase of $5,800
Head of Household: $8,700, an increase from $8500
Married Taxpayers Filing Jointly and Qualifying Widow(er)s: $11,900, an increase from $11,600

Exemptions

This tax year, you can claim $3,800, up from last year's $3700

Get up to date  on  2012 tax year updates at Tax Charm!Tax Charm blog is not legal or professional advice.

You are reading Tax Charm blog at your own free will and you are taking the information provided at your own risk.

I am the legal copy righter of this blog, you may not use, reprint or publish information from this blog without my permission.