Top Five Tax Changes for 2010, 2011
The deduction rates have changed for most. For example, if you’re married filing jointly, a widow, or widower, the standard deduction is $11,400. There is also an additional standard deduction based on state or local sales or excise taxes paid on the purchase of most vehicles. There are also some others which would increase your deduction and if you use online tax software, the program will find all of these for you.
2009 Standard Mileage Rates
For the business use of a vehicle, the standard mileage rates have changed. The mileage rate for 2009 for business purposes is 55 cents per mile. If you happen to be deducting for medical purposes or a move, the mileage rate for 2009 is 24 cents per mile.
2009 Standard Mileage Rates
For the business use of a vehicle, the standard mileage rates have changed. The mileage rate for 2009 for business purposes is 55 cents per mile. If you happen to be deducting for medical purposes or a move, the mileage rate for 2009 is 24 cents per mile.
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| Categories: | top five tax changes |
| Added: | on Mar 30, 2010 |
| Added By: | seanshepard34 |
| Searches: | tax top rate mileage standard |


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