|
| | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| Standard Deduction: | | | | | | | | |
| Single | 5,450 | 5,350 | 5,150 | 5,000 | 4,850 | 4,750 | 4,700 | 4,550 | 4,400 |
| Married Filing Jointly | 10,900 | 10,700 | 10,300 | 10,000 | 9,700 | 9,500 | 7,850 | 7,600 | 7,350 |
| Head of Household | 8,000 | 7,850 | 7,550 | 7,300 | 7,150 | 7,000 | 6,900 | 6,650 | 6,450 |
| Married Filing Separately | 5,450 | 5,350 | 5,150 | 5,000 | 4,850 | 4,750 | 3,925 | 3,800 | 3,675 |
| Additional Elderly/Blind-Married | 1,050 | 1,050 | 1,000 | 1,000 | 950 | 950 | 900 | 900 | 850 |
| Additional Elderly/Blind-Single | 1,350 | 1,300 | 1,250 | 1,250 | 1,200 | 1,150 | 1,150 | 1,100 | 1,100 |
| Taxpayer Claimed as a Dependent | 900 | 850 | 850 | 800 | 800 | 750 | 750 | 750 | 750 |
| | | | | | | | | | |
| Personal Exemption | 3,500 | 3,400 | 3,300 | 3,200 | 3,100 | 3,050 | 3,000 | 2,900 | 2,800 |
| | | | | | | | | | |
| Child Tax Credit | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 600 | 600 | |
| | | | | | | | | | |
| Standard Mileage Rate: | | | | | | | | | |
| Business | .505 | .485 | .445 | .405/.485 | .37 | .36 | .365 | .345 | .325 |
| Charity | .14 | .14 | .14 | .14 | .14 | .14 | .14 | .14 | .14 |
| Medical/Moving | .19 | .20 | .18 | .15/.22 | .14 | .12 | .13 | .12 | .10 |
| | | | | | | | | | |
| FICA Limit | 102,000 | 97,500 | 94,200 | 90,000 | 87,900 | 87,000 | 84,900 | 80,400 | 76,200 |
| | | | | | | | | | |
| Section 179 Deduction | 128,000 | 125,000 | 108,000 | 105,000 | 102,000 | 100,000 | 24,000 | 24,000 | 20,000 |
| | | | | | | | | | |
| Health Savings Accounts (HSAs): | | | | | | | | | |
| Max Self-coverage contribution | 2,900 | 2,850 | 2,700 | | | | | | |
| Max Family-coverage contribution | 5,800 | 5,650 | 5,450 | | | | | | |
| Self Employed Health Insurance | 100% | 100% | 100% | 100% | 100% | 100% | 70% | 60% | 60% |
| | | | | | | | | | |
| Profit Sharing Plans: | | | | | | | | | |
| Max 401(k)Deferral | 15,500 | 15,500 | 15,000 | 14,000 | 13,000 | 12,000 | 11,000 | 10,500 | 10,500 |
| - 50 and over additional | 5,000 | 5,000 | 5,000 | 4,000 | 3,000 | 2,000 | 1,000 | | |
| SIMPLE Plan Max Deferral | 10,500 | 10,500 | 10,000 | 10,000 | 9,000 | 8,000 | 7,000 | 6,500 | 6,000 |
| - 50 and over additional | 2,500 | 2,500 | 2,500 | 2,000 | 1,500 | 1,000 | 500 | | |
| IRA | 5,000 | 4,000 | 4,000 | 4,000 | 3,000 | 3,000 | 3,000 | 2,000 | 2,000 |
| - 50 and over additional | 1,000 | 1,000 | 1,000 | 500 | 500 | 500 | 500 | | |
| | | | | | | | | | |
| Max Earnings for Soc. Sec-Under 65 | 13,560 | 12,960 | 12,480 | 12,000 | 11,640 | 11,520 | 11,280 | 10,680 | 10,080 |
| | | | | | | | | | |
| Gift and Estate Tax: | | | | | | | | | |
| Aprplicable Exclusion Amount | 2,000,000 | 2,000,000 | 2,000,000 | 1,500,000 | 1,500,000 | 1,000,000 | 1,000,000 | 675,000 | 675,000 |
| Oregon Exclusion Amount | 1,000,000 | 1,000,000 | 1,000,000 | 950,000 | 850,000 | 700,000 | 675,000 | 675,000 | 675,000 |
| Gift Tax Annual Exclusion | 12,000 | 12,000 | 12,000 | 11,000 | 11,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| | | | | | | | | | |
|
|
