Faculty, Society of Certified Senior Advisors
Frankv@csa.us
http://www.csa.us/
Part III of previous blog postings on Retirement Plan Limits
On December 21, 2010, the IRS released the inflation-adjusted rates for tax year 2011. (1) The information below reflects those changes.
Standard Deduction:
On December 21, 2010, the IRS released the inflation-adjusted rates for tax year 2011. (1) The information below reflects those changes.
Standard Deduction:
Additional Standard Deduction for Elderly and/or Blind:
Personal Exemption:
Income Tax Brackets:
Child Tax Credit:
The refundable child tax credit for 2011 is $3,000.
Earned Income Credit:
______________________(1) Source: IRS Rev. Proc. 2011-12, 2011-2 IRB 1 (Dec. 21, 2010)
To print a hardcopy of this table, please visit www.csa.us/freeresources
