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Home / Services / Calculators / Newsletter / Archives Miscellaneous The federal exemption has been raised to $3,000 for 2002 and is expected to increase to $3,050 for 2003. The Ohio exemption has been raised to $1,200 for 2002. The standard deduction for married taxpayers filing a joint return is raised to $7,850, for married filing separate returns is raised to $3,925, and for single taxpayers it is raised to $4,700. (November, 2002 Newsletter)
James E. Newland, CPA 939 Center Road Eastlake, Ohio 44095 440-951-9799 |
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