Head Of Household Standard Deduction 2008
Question: Does anyone know what the standard deductions are going to be for 2008?
I have tried to find what the standard deduction for Head of Household will be for tax year 2008 and also each exemptions.
Answer: Check the official IRS website.
http://www.irs.gov/individuals/index.html
Analysis: Taxes for most Ohioans would be unchanged
Just 1 percent of taxpayers in Ohio earn more than $250,000 in federal Taxable Income and would be subject to a tax hike with President Barack Obama’s tax proposal, according to exclusive data from the Ohio Department of Taxation. Almost everyone else’s federal income taxes would stay the same.