I have placed frequently asked for amounts in the following table. This table should not be relied on as a complete source of information. The following amounts do not always apply to all taxpayers.

2014 2013 2012 2011 2010 2009 2008 2007 Standard Deduction:   Single 6,200 6,100 5,950 5,800 5,700 5,700 5,450 5,350   Married Filing Jointly 12,400 12,200 11,900 11,600 11,400 11,400 10,900 10,700   Head of Household 9,100 8,950 8,700 8,500 8,400 8,350 8,000 7,850   Married Filing Separately 6,200 6,100 5,950 5,800 5,700 5,700 5,450 5,350   Additional Elderly/Blind-Married 1,200 1,200 1,150 1,150 1,100 1,100 1,050 1,050   Additional Elderly/Blind-Single 1,550 1,500 1,450 1,450 1,400 1,400 1,350 1,350   Taxpayer Claimed as a Dependent 1,000 1,000 950 950 950 950 900 850   Personal Exemption 3,950 3,900 3,800 3,700 3,650 3,650 3,500 3,400   Child Tax Credit 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000   Standard Mileage Rate:   Business .56 .565 .51 .555/.510 .50 .55 .585/.505 .485   Charity .14 .14 .14 .14 .14 .14 .14 .14   Medical/Moving .235 .24 .19 .19/.235 .165 .24 .27/.19 .20   FICA Limit 117,000 113,700 110,100 106,800 106,800 106,800 102,000 97,500   Section 179 Deduction 25,000 500,000 125,000 500,000 500,000 250,000 250,000 125,000   Health Savings Accounts (HSAs):   Max Self-coverage contribution 3,300 3,250 3,100 3,050 3,050 3,000 2,900 2,850   Max Family-coverage contribution 6,550 6,450 6,250 6,150 6,150 5,950 5,800 5,650   Profit Sharing Plans:   Max 401(k)Deferral 17,500 17,500 17,000 16,500 16,500 16,500 15,500 15,500   - 50 and over additional 5,500 5,500 5,500 5,500 5,500 5,500 5,000 5,000   SIMPLE Plan Max Deferral 12,000 12,000 11,500 11,500 11,500 11,500 10,500 10,500   - 50 and over additional 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500   IRA 5,500 5,500 5,000 5,000 5,000 5,000 5,000 4,000   - 50 and over additional 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000   Max Earnings for Soc. Sec-Under 65 15,480 15,120 14,640 14,160 14,160 14,160 13,560 12,960   Gift and Estate Tax:   Aprplicable Exclusion Amount 5,340,000 5,250,000 5,120,000 5,000,000 N/A 3,500,000 2,000,000 2,000,000   Oregon Exclusion Amount 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000   Gift Tax Annual Exclusion 14,000 14,000 13,000 13,000 13,000 13,000 12,000 12,000

Last modified 1/28/14