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what is the 2013 amount of federal tax exemption?
Is the deduction for withholding allowances the same in 2013 as it was in 2012?
I wasn't clear enough. I am figuring the amount of federal payroll tax to deduct on a paycheck, and I must first calculate the deduction for the total withholding allowances. In 2012 it was $3,800.00, but I don't have Pub l3 yet from the IRS.
3 Answers
- 8 years agoFavorite Answer
Standard Deduction for 2013 will be $6,100
Personal Exemption will be $3,900
Source(s): Annual Inflation Adjustments for 2013 http://www.irs.gov/uac/Newsroom/Annual-Inflation-A... - RUSeriousLv 78 years ago
That hasn't been decided yet.
There are many days between today and the end of the year and if anyone gives you an amount, they are speculating as there is no way to know for certain.
- rosenzweigLv 44 years ago
there's a cut-off date to the exclusion, in basic terms working distant places does not entitle you to the exclusion on the grounds which you haven't any longer any way of understanding in case you will comply you probably might desire to proceed as in case you haven't any longer any exclusion and once you comply amend your previous return, if this spans one 365 days to the subsequent
