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The standard deduction is $6,100 for individuals and $12,200 for married filing jointly.

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What is the Standard Deduction in 2013?

The standard deduction is $6,100 for individuals and $12,200 for married filing jointly.
Is there a new tax bracket in 2013?

Yes. Congress implemented a 39.6% tax bracket on ordinary income that exceeds $400,000 (individuals) or $450,000 (married filing joint...
President Obama's Plan to Avoid Sequestration Includes More Tax Revenue

As part of the fiscal cliff deal, taxes were raised on certain high-income earners. As part of a deal to avoid sequestration, under Preside...
Obama Budget Deficit 2013

According to the Budget of the United States Government, Fiscal Year 2013 President Obama's budgeted deficit for 2013 is 901 ...
Example of A Common Man's Tax Plan 2013

Background · Gross Income: $60,000 · Married Filing Jointly · One Child · Taking Standard Deduc...
Total Mortgage Interest ($500,000)

House: $500,000 Interest Rate: 3.5% (fixed) Total Interest: $277,452.39 Down Payment...
Total Mortgage Interest

House: $400,000 Interest Rate: 3.5% (fixed) Total Interest: $221,961.92 Down Paymen...
Before 59 and 1/2, Can I Use an IRA (without penalty) to Buy a House?

Subject to certain requirements, yes.“ [1] But not necessarily without tax. [2] [1] See http://www.irs.gov/publications/p590...
How Many U.S. Households Held Mutual Funds in 2012?

53.8 million, according to the Investment Company Institute's Profile of Mutual Fund Shareholders, 2012 .

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