I know it's early, but tomorrow being tax day and all it seemed appropriate to present a list of some of the most important Federal Income Tax limits for your tax year 2008. After all, when is a better time to list these than when you're as familiar as you're likely to get with them?

Personal exemption amount			$3,500
Income at which personal exemption phases out
	Single                    		$159,950
	Married filing jointly    		$239,950
	Head of Household         		$199,950
	Married filing separately 		$119,975
Standard Deduction
        Single                    		$5,450
        Married filing jointly    		$10,900
        Head of Household         		$8,000
        Married filing separately 		$5,450
Additional deduction for the elderly and/or blind
        Single                    		$1,350
        Married                   		$1,050
Income at which itemized deductions phase out
        Single                    		$79,975
        Married filing jointly    		$159,950
Kiddie tax standard deduction     		$900

Now, your job this year is to get out there and earn enough to bump into one or more of these limits. I hope you are successful.