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Joint Tax Committee Releases The 2010 & 2011 Federal Tax Tables

The Joint Committee on Taxation today released Present Law and Background Data Related to the Federal Tax System in Effect for 2010 And 2011.  Here’s the table of contents for the 2010 federal tax tables and the 2011 federal tax tables:

I. SUMMARY OF THE INDIVIDUAL INCOME TAX

A. Individual Income Tax for [...]

2010 Federal Tax Brackets & Tables Announced

CCH, a national distributor of tax information, published the 2010 federal tax brackets and tables that adjustments for projected inflation (based on inflation data released by the U.S. Department of Labor).  Here are some common adjustments:

Standard Deduction:  No change — $5,700 single/$11,400 joint (as in 2009) Personal Exemption:  No change — $3,650 [...]