Tax Time: Find Out What the 2013 Tax Rates and Standard Deductions Mean for You
Standard deductions go up, but the ceiling for itemized deductions go down in 2013, plus other changes that will affect your taxes this year.
The Internal Revenue Service announced annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. The tax items for 2013 of greatest interest to most taxpayers include the following changes. Details on these inflation adjustments and others are contained in Revenue Procedure 2013-15, which will be published in Internal Revenue Bulletin 2013-5 on Jan.28, 2013. Other inflation adjusted items were published in October 2012 in Revenue Procedure 2012-41. -News release from the Internal Revenue Service "Like" us on Facebook | Follow us Twitter | Get "Patched" in with our newsletter | Start a blog
Sue T
10:50 am on Thursday, January 10, 2013
Again you miss my point NE12Ukid. My point was using statistics is a game. You can find a statistical test to support just about any postion. That's the problem presenting just one set. You need to look at the whole picture not just a snap shot. And I will repeat, trying to make this a democrat/republic issue is very short sided. The point is, we need to get those that have the ability to work … more ›