What is the personal and dependency exemption amount?
The personal and dependency exemption amount is $2,800 for tax year 2002, $2,900 for 2001, $3,000 for 2002 and $3,05 for 2003. However, a person claimed as a dependent on another’s tax return has a personal exemption of zero. • What is the standard rate per mile for business, charitable, medical and moving deductions? Type/Year 2000 2001 2002 2003 2004 Business 32.5¢ 34.5¢ 36.5¢ 36.0¢ 37.5¢ Charitable 14¢ 14¢ 14¢ 14¢ 14¢ Medical & Moving 10¢ 12¢ 13¢ 12¢ 14¢ • How much tax do I owe? This is much too general a question. The correct answer depends on many specific facts and circumstances. This is so much an “it depends” question, that even if you post many details to the newsgroup, you will likely still not get a reliable answer. • The federal income tax is unconstitutional. There is no legal or moral obligation to pay U.S. income taxes. I’m a citizen of a state, not of the United States. The federal income tax is voluntary. etc. etc. These and similar “tax protester” arguments will recei