2014 Tax data schedule.

• Position: Fast tax facts

2014 TAX DATA SCHEDULE 2014 Federal 2014 California Standard Deductions Single $ 6,200 $3,992 Married Filing Jointly, Surviving 12,400 7,984 Spouse Married Filing Separately 6,200 3,992 Head of Household 9,100 7,984 Additional for Age 65 and Older or 1,200 Blind--Married Additional for Age 65 and Older or 1,550 Blind--Unmarried (per individual for each situation, age or blind) Taxpayer Claimed as a Dependent 1,000 1,000 Personal or Dependent Exemption 3,950 (Social Security Number required) California Exemption Credits Single. Married Filing Separately, Head $ 108 of Household Married Filing Jointly, Surviving 216 Spouse Dependent 333 Blind or Age 65 and Older 108 Senior Head of Household Credit 2% of California taxable income, $1,300 maximum California AGI of $69,005 with maximum credit of California Joint Custody Head of Household Credit and Dependent Parent Credit Each is 30% of net tax with maximum $425 credit of Child and Dependent Care Credit Percentage of federal credit for California AGI limits $0-40,000 50% 40,001-70,000 43% 70,001-100,000 34% 100,001 or more 0% California Renter's Credit Married Filing Jointly, Head of $120 Household, Surviving Spouse if AGI is below $75,536 Single or Married Filing Separately if 60 AGI is below $37,768 IRC Section 179 Deduction $25,000 $25,000 Sec. 179 Purchase Phaseout $200,000 $200,000 Beginning of Personal Exemption Phaseout Range--Based on Federal AGI Single 254,200 $176,413 Married Filing Jointly, Surviving 305,050 352,830 Spouse Married Filing Separately 152,525 176,413 Head of Household 279,650 264,623 Beginning of Itemized Deduction Phaseout Range--Based on Federal AGI Single $254,200...