Important
Tax Facts
| Standard Deduction | 2008 | 2009 |
| Married Filing Jointly & Surviving Spouse | $10,900 | $11,400 |
| Married Filing Separately | $ 5,450 | $ 5,700 |
| Single | $ 5,450 | $ 5,700 |
| Head of Household | $ 8,000 | $ 8,350 |
| Standard Mileage Rates (cents/mile) | 2008 | 2009 |
| Business Use of Auto (Jan-Jun 2008 rate 50.5) | 58.5 | 55 |
| Charitable Use | 14 | 14 |
| Medical Use (Jan-Jun 2008 rate 19) | 27 | 24 |
| Moving Expenses (Jan-Jun 2008 rate 19) | 27 | 24 |
| FICA Rates & Tax Base Limits | Rate | 2008 Limit | 2009 Limit |
| Employee | |||
| Social Security | 6.2% | $102,000 | $106,800 |
| Medicare | 1.45% | None | None |
| Self-Employed | |||
| Social Security | 12.4% | $102,000 | $106,800 |
| Medicare | 2.9% | None | None |
Tax Tables
2008 2009
| Taxable Income | Tax Rate | Taxable Income | Tax Rate | |
| Single | ||||
| $0-$8,025 | 10% | $0-$8,350 | 10% | |
| 8,026-32,550 | 15% of amt over $8,025 + $803 | 8,351-33,950 | 15% of amt over $8,350 + $835 | |
| 32,551-78,850 | 25% of amt over 32,550 + 4,481 | 33,951-82,250 | 25% of amt over 33,950 + 4,675 | |
| 78,851-164,550 | 28% of amt over 78,850 + 16,056 | 82,251-171,550 | 28% of amt over 82,250 + 16,750 | |
| 164,551-357,700 | 33% of amt over 164,550 + 40,052 | 171,551-372,950 | 33% of amt over 171,550 + 41,754 | |
| over 357,700 | 35% of amt over 357,700 + 103,792 | over 372,950 | 35% of amt over 372,950 + 108,216 | |
| Married Filing Jointly | ||||
| $0-$16,050 | 10% | $0-$16,700 | 10% | |
| 16,051-65,100 | 15% of amt over $16,050 + $1,605 | 16,701-67,900 | 15% of amt over $16,700 + $1,670 | |
| 65,101-131,450 | 25% of amt over 65,100 + 8,963 | 67,901-137,050 | 25% of amt over 67,900 + 9,350 | |
| 131,451-200,300 | 28% of amt over 131,450 + 25,550 | 137,051-208,850 | 28% of amt over 137,050 + 26,638 | |
| 200,301-357,700 | 33% of amt over 200,300 + 44,828 | 208,851-372,950 | 33% of amt over 208,850 + 46,742 | |
| over 357,700 | 35% of amt over 357,700 + 96,770 | over 372,950 | 35% of amt over 372,950 + 100,895 | |
| Married Filing Separately | ||||
| $0-8,025 | 10% | $0-8,350 | 10% | |
| 8,026-32,550 | 15% of amt over $8,025 + $803 | 8,351-33,950 | 15% of amt over $8,350 + $835 | |
| 32,551-65,725 | 25% of amt over 32,550 + 4,481 | 33,951-68,525 | 25% of amt over 33,950 + 4,675 | |
| 65,726-100,150 | 28% of amt over 65,725 + 12,775 | 68,526-104,425 | 28% of amt over 68,525 + 13,319 | |
| 100,151-178,850 | 33% of amt over 100,150 + 22,414 | 104,426-186,475 | 33% of amt over 104,425 + 23,371 | |
| over 178,850 | 35% of amt over 178,850 + 48,385 | over 186,475 | 35% of amt over 186,475 + 50,447 | |
| Head of Household | ||||
| $0-$11,450 | 10% | $0-$11,950 | 10% | |
| 11,451-43,650 | 15% of amt over 11,450 + 1,145 | 11,951-45,500 | 15% of amt over 11,950 + 1,195 | |
| 43,651-112,650 | 25% of amt over 43,650 + 5,975 | 45,501-117,450 | 25% of amt over 45,500 + 6,228 | |
| 112,651-182,400 | 28% of amt over 112,650 + 23,225 | 117,451-190,200 | 28% of amt over 117,450 + 24,215 | |
| 182,401-357,700 | 33% of amt over 182,400 + 42,755 | 190,201-372,950 | 33% of amt over 190,200 + 44,585 | |
| over 357,700 | 35% of amt over 357,700 + 100,604 | over 372,950 | 35% of amt over 372,950 + 104,893 | |