2011 Deductions and Exemptions

2011 Standard Deduction and Exemption Amounts:

Standard Deductions:

Single or Married Filing Separate = $5,800

Married Filing Joint = $11,600

Head of Household = $8,500

The additional standard deduction allowed for blind taxpayers and senior citizens is $1,150 if married filing joint and $1,450 if single.

The personal exemption amount is $3,700

I hope this helps you with your tax preparation.  As always, give our office a call if we can be of service to you.  770-478-7424

 

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