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Friday, January 12, 2007

Tax Law Changes for Individuals

Topics — Tax Year 2006
Alternative Minimum Tax
Archer MSA Limits Increased
Charitable contributions
Earned Income Credit
Education savings bonds
Educator expenses deduction
Electric and alternative motor vehicles
Exemption amounts
Health Savings Account
Hope and Lifetime Learning Credits
Itemized deductions
Original Issue Discount Instruments
Social security and Medicare taxes
Split refund option
Standard deduction
Standard mileage rates
Tax-exempt interest reporting
Tax rate schedules - 2006
Tuition and fees deduction
Topics — Tax Year 2007 and later
Adoption credit and Adoption assistance programs
Archer MSA Limits Increased
Charitable contributions
Earned Income Credit
Education savings bonds
Exemption amounts
Hope and Lifetime Learning credits
Itemized deductions
Long-Term Care Premiums
Medicare Part D Premiums
Social security and Medicare taxes
Standard deduction
Standard mileage rates
Tax rate schedules - 2007
Posted by networth101com at 7:09 PM

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