Political Factoid
In addition to standard deductions
"Individuals over 65 or
blind -- and married -- can
claim at least $1,300
[$1,600* if they are single]
more in deductions."
* |
For a person in the 37% tax
bracket, that is a tax savings
of almost $600,
but for a person in the 12%
tax bracket, that is a tax
savings of less than $200.
Just another benefit of being wealthy
|
|
|
-30-
|