Fact Sheet: Standard Deductions (2000)

 

FEDERAL:

 

Filing Status (non-dependents):

 

Single:††††††††††††††††††††††††††††††††††††† $4,400.00

 

Married filing separate:$3,675.00

 

Married filing jointly:†††††††††††††††† $7,350.00

 

Qualifying widow(er):††† $7,350.00

 

Head of Household:††††††††††††††††† $6,450.00

 

Exemptions (non-dependents only):

 

Personal Exemption:†††††††††††††††† $2,800.00

 

Dependency Exemption:†††††††††† $2,800.00

 

 

Basic Standard Deduction for Dependents:

 

The greater of (a) $700.00 or (b) earned income plus $250.00, not to exceed the regular standard deduction for the dependentís filing status.

 

 

 

CALIFORNIA:

 

Filing Status (non-dependents):

 

Single:††††††††††††††††††††††††††††††††††††† $2,811.00

 

Married filing separate:$2,811.00

 

Married filing jointly:†††††††††††††††† $5,622.00

 

Qualifying widow(er):††† $5,622.00

 

Head of Household:††††††††††††††††† $5,622.00

 

 

Exemptions (non-dependents only):

 

Personal Exemption:†††††††††††††††† $75.00

 

Dependency Exemption:†††††††††† $235.00

 

 

California Standard Deduction Worksheet for Dependents:

(from instructions: p. 9 and 14)

 

1. Total wages, salaries, tips from W-2s (box 1)

(Form 1040EZ line 1; 1040A, or 1040, line 7): †††††††††††††††††††††††

 

2. Add $250.00†††††††††††††††††††††††††††††††††††††††††††††††††††††††††† ††††††††††† $250.00

 

3. Total of 1 and 2, above:††††††††††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††

 

4. Minimum standard deduction:††††††††††††††††††††††††††††††††††† ††††††††††† $700.00

 

5. Larger or 3 or 4:†††††††††††††††††††††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††

 

6. Standard deduction for filing status (above;

either $2811.00 or $5,622.00):†††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††

 

7. Smaller of 5 or 6.Enter on Form 540A, line 15,

or Form 540, line 18):†††††††††††††††††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††

 

No personal exemption is permitted for California dependent filers.

 

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