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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13608
Experience:  15years with H & R Block. Divisional leader, Instructor
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Can you tell me what the exemption is for Federal Income Taxes

Customer Question

Can you tell me what the exemption is for Federal Income Taxes in 2009 for a single person over 65 and a single person over 65 head of household with one dependent?
Submitted: 7 years ago.
Category: Tax
Expert:  Robin D. replied 7 years ago.
HelloCustomer
The value of each personal and dependency exemption, available to most taxpayers, is $3,650, up $150 from 2008.
The new standard deduction is $8,350 for heads of household (up $350).
I hope this information is helpful,