Greater
of $750 or $250 plus earned income not to exceed regular standard deduction.
FICA Taxable Wage
$87,900
Age 62-64 Social Security Earned
Income Limit
$11,640
Kiddie Tax Unearned Income Limit
$1,500
Child Tax Credit
$1,000
Self-Employed Health Insurance
100%
Standard Mileage Rate
Business
37¢/Mi
Charitable
14¢/Mi
Medical and Moving
14¢/Mi
Education
HOPE credit
$1,500
Lifetime Credit
$2,000
Deduction
$4,000
Estimated Tax Payments when AGI > $150,000 (based
on prior year tax liability)
110%
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