Tax Forms  

2004 General Tax Information
Click on the links below for more information. The PDF files require Adobe Acrobat Reader. Click here to download your free copy.

 

More Information
Federal Tax Forms
State Tax Forms


2004 Filing Requirements    
Single under 65 $7,950
  65 or older $9,150
Head of household under 65 $10,250
  65 or older $11,450
Married, filing jointly*** under 65
(both spouses)
$15,900
  65 or older (one spouse) $16,850
  65 or older
(both spouses)
$17,800
Married, filing separately any age $3,100
Qualifying widow(er) with
dependent child
under 65 $12,800
  65 or older $13,750
*If you were born on January 1, 1940, you are considered to be age 65 at the end of 2004.

**Gross Income means all income you received in the form of money, good, property, and services that is not exempt from tax, including any income from sources outside the United States (even if you may exclude all or part of it). Do not include Social Security benefits unless you are married filing a seperate return and you lived with your spouse at any time in 2004.

***If you did not live with your spouse at the end of 2004 (or on the date your spouse died) and your gross income was at least $3,100, you must file a return regardless of age.

Return to top


2004 Itemized Deductions (Phaseout)  
All filing status' but Married Filing Separate (Phaseout) $142,700
Married Filing Separate (Phaseout) $71,350

Return to top
 

2004 Standard Deductions    
Single $4,850  
Married filing joint returns/Surviving spouses $9,700  
Head of Household $7,150  
Married, filing separate return $4,850  
Dependent standard deduction minimum $800 or sum of $250 plus earned income
Additional standard deduction for aged or blind $950 each ($1200 if individual is unmarried and not surviving spouse)

Return to top
 

2004 Education Provisions    
Hope Scholarship Credit $1000  
Interest on Education Loans $2,500  
Student Loan Interest Deduction (Phaseout)  
Married Filing Joint
$100,000  
Single/Head of Household $50,000  
Education Expense Deduction    
Single with AGI 0 to $65,000: $4000  
Married Filing Joint with AGI 0 to $80,000: $4000  
Single with AGI $66,000 to $130,000 $2000  
Married Filing Joint with AGI $66,000 to $160,000: $2000  
U.S. Savings Bond Interest Exclusion (Phaseout)  
Married Filing Joint $89,750 to $119,750  
All other filing status $59,850 to $74,850  

Return to top
   

2004 Mileage Rates    
Business Mileage 37.5 cents per mile  
Charitable Mileage 14 cents per mile  
Medical Mileage 14 cents per mile  

Return to top
   

2004 Miscellaenous    
Annual Exclusion for Gifts $11,000  
Annual Exclusion for Gifts to Spouse not a Citizen $114,000  
Unearned Income of Minor Child (Kiddie Tax) $800 ($8,000 for parental election)
Leap Year 366 days  

Return to top
   

2004 Exemptions    
Personal Exemptions    
Exemption $3100/person  
Personal Exemption Phaseout    
Single (Phaseout) $142,700  
Married Filing Joint and qualifying widow(er)s with dependent children (Phaseout) $214,050  
Head of Household (Phaseout) $178,350  
Married, filing separate return (Phaseout) $107,025  

Return to top
   

2004 Adoption Credit    
Maximum credit for child with special needs $10,390  
Other adoptions, qualified expenses
up to
$10,390  
Phaseout range, modified AGI $155,860 to $195,860  

2004 Estate and Gift Taxes    
Information to come    

Return to top
   
 

 

 


About Us l Our Services l Tax Forms l Related Links l Guest Book l Contact Us l Home l File Taxes Online
© 2005. All Rights Reserved. Stephen L. Kaiser CPA & Co. Site design by GO Concepts, Inc. Hosted at deXaweb.