The IRS Deductions Blog

Posts Tagged ‘standard deduction federal tax 2009’

Question: Can I put my property tax payment for 2009 on line 7 in schedule L ?

Don’t seem to get above the 11,400 standard deduction this year itemizing this year, so can I use line 7 on schedule L to put the property tax I paid last year, which is over the line 8 entry of 1,000 and add to my standard deduction to make it 12,400 and use on my federal return? Is real estate tax and the property tax I paid on my house last year the same> Thanks

Answer: yes

Items on Amazon Right Now for Standard Deduction Federal Tax 2009:

ABCs of Post-Storm Tax Recovery: Assess, Bounce Back, Continue

Tax, Financial Information Have a Place in Emergency Kits

Tax Tip: Addilional Standard Deduction

Question: simple tax question (when you pay federal taxes)?

Can anyone please tell me how much is the standard deduction and personal exemption when you pay taxes in USA? In Puerto Rico, standard deduction is $3,150 and personal exemption is $3,000. But I believe in the States the amounts are bigger, no?

Answer: standard deduction for single is 5350, personal exemtption is 3400 for 2007

Items on Amazon Right Now for Standard Deduction Federal:

Taxpayers should take note of new credits, deductions

New car buyers, home buyers, those who bought energy-efficient products and others can look forward to paying less taxes this year.

How Much are the Federal Income Tax Standard Deductions in 2009, 2010