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| 2006 | 2007 | 2008 | 2009 | Individual Deductions | Standard Deduction, Joint Return And Surviving Spouse | $10,300 | $10,700 | $10,900
| $11,400 | Standard Deduction, Head of Household | $7,550 | $7,850 | $8,000
| $8,350 | Standard Deduction, Single | $5,150 | $5,350
| $5,450 | $5,700 | Standard Deduction, Married Filing Separate | $5,150 | $5,350
| $5,450 | $5,700 | Additional Standard Deduction For Blindness or Age, Single | $1,250 | $1,300
| $1,350 | $1,400 | Additional Standard Deduction For Blindness or Age, Married | $1,000
| $1,050 | $1,050 | $1,100 | Exemptions | Personal and Dependent Amount | $3,300 | $3,400 | $3,500
| $3,650 | Earned Income
Credit | Credit for
two qualifying children | $4,400
| $4,536 | $4,824 | $5,657 | Maximum
AGI: Single, HOH, Widow/Widower | $35,263 | $37,783 | $38,646 | $40,295
| Maximum AGI: Married
Filing Joint | $37,263
| $39,783 | $41,646 | $45,295 | Credit
for one qualifying child | $2,662
| $2,747 | $2,917 | $3,043 | Credit
for taxpayers with no children | $399 | $412 | $438 | $457 | Maximum AGI: Single, HOH,
Widow/Widower | $11,750
| $12,590 | $12,880 | $13,440 | Maximum
AGI: Married Filing Joint | $13,750 | $14,590
| $15,880 | $18,440 | Investment income Maximum | $2,700
| $2,900 | $2,950 | $3,100 | Business Deductions | Section 179 Deduction | $108,000 | $112,000
| $128,000 | $128,000 | Phase-out Amount | $430,000 | $450,000
| $510,000 | $510,000 | Self-Employed Deduction For SE Tax | 50% | 50% | 50% | 50% | Auto And Transportation Allowances | Business Mileage Rate | 0.445 | 0.485 | 0.505/0.585 | 0.55 | Medical/Moving
Mileage Rate | 0.18 | 0.20 | .19/.27 | 0.24 | Charity Mileage Rate | 0.14 | 0.14 | 0.14 | 0.24 | Social Security and Self-Employment Tax | FICA Taxable Maximum Earnings | $94,200 | $97,500 | $102,000
| $106,800 | Maximum FICA Tax amount | $5,840.40 | $6,045
| $6,324 | $6,622 | FICA Tax Rate On Employee | 6.20% | 6.20% | 6.20% | 6.20% | Tax on Self-Employment Earnings | 12.40% | 12.40% | 12.40% | 12.40% | Medicare Taxable Maximum Earnings | No Limit | No Limit | No Limit | No Limit | Medicare
Tax Rate on Employee | 1.45% | 1.45% | 1.45% | 1.45% | Medicare Tax on Self-Employment Earnings | 2.90% | 2.90% | 2.90% | 2.90% |
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