Inflation adjustments for 2014 tax code deliver some savings

09/18/2013 | Forbes

Inflation adjustments for the tax code in 2014 will deliver modest savings for taxpayers, with standard deductions estimated to increase by $100 for singles and $200 for couples, and the personal exemption to increase by $50, according to estimates in this article. The amount that is exempt from the alternative minimum tax is estimated to increase to $82,100 from $80,800 for couples, and to $52,800 from $51,900 for single filers.

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