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Taxation & Estate Planning

: TaxProf Blog

2009 Inflation-Adjusted Tax Tables

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The IRS yesterday released the inflation adjusted 2009 federal tax brackets and tables (IR-2008-117; IR-2008-118; Rev. Proc. 2008-66): Standard Deduction: $5,700 single/$11,400 joint (up $250/$500 from 2008) Personal Exemption: $3,650 (up $150 from 2008) Gift Tax Exemption: $13,000 (up $1,000...

Full post as published by TaxProf Blog on October 17, 2008 (boomark / email).

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