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Old 11-24-2007, 06:53 PM
Howard Kaikow
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Default Re: 2007: Over 65 Standard Deduction

"joetaxpayer" <joetaxpayer[at]nospam.com> wrote in message
news:l6udnfnn0cHDrdXanZ2dnUVZ_hOdnZ2d[at]comcast.com...
- quote -

> Howard Kaikow wrote:
> > I believe that the standard deduction for over 65 was $6400 for 2006

taxes.
> > What will this be for 2007?

> Right, for 2006 Std Deduction was $5150 single, plus $1250 for over 65.
> For 2007, it's $5350 single plus $1300 ($6650 tot) if you are over 65.
> see http://fairmark.com/refrence/ for a chart of these numbers as well
> as tax bracket details, all loaded for 2008 numbers as well.
> JOE
> www.joetaxpayer.com



Thanx.


 
Old 11-24-2007, 01:09 PM
joetaxpayer
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Default Re: 2007: Over 65 Standard Deduction



Howard Kaikow wrote:

- quote -

> I believe that the standard deduction for over 65 was $6400 for 2006 taxes.
> What will this be for 2007?


Right, for 2006 Std Deduction was $5150 single, plus $1250 for over 65.
For 2007, it's $5350 single plus $1300 ($6650 tot) if you are over 65.

see http://fairmark.com/refrence/ for a chart of these numbers as well
as tax bracket details, all loaded for 2008 numbers as well.
JOE
www.joetaxpayer.com

  #-1  
Old 11-24-2007, 01:01 PM
Howard Kaikow
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Default 2007: Over 65 Standard Deduction

I believe that the standard deduction for over 65 was $6400 for 2006 taxes.
What will this be for 2007?


 

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2007, deduction, standard
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