2009 Tax Facts for Individuals     Standard Deduction Married, filing joint or Surviving Spouse $11,400 Head of Household 8,350 Unmarried, or Married, filing separate 5,700 Dependent of another, minimum 950 Additional for age or blindness, if married or surviving spouse 1,100 Additional for age or blindness, if unmarried and not surviving spouse 1,400 Personal Exemption Personal Exemption $3,650 Standard Mileage Rate  Business* $0.55 Medical and Moving** 0.24 Charitable, generally 0.14 Maximum Capital Gain Rates Qualified Dividends/Assets held more than 12 mo-10% & 15% brackets 0% Qualified Dividends/Assets held more than 12 mo-all other brackets 15% Most collectibles 28% Retirement Rates Individual Retirement Account (IRA) Contribution Limit, generally $5,000 IRA Catch-up Contribution Limit (those over 49) 1,000 Retirement Contribution Savings Tax Credit (maximum) 1,000 Education Related Items American Opportunity Credit Limit $2,500 Hope Scholorship Credit Limit ($3,600 for Midwestern Disaster Area) 1,800 Lifetime Learning Credit LImit ($4,000 for Midwestern Disaster Area) 2000 Higher Education Deduction Limit 4,000 Student Loan Interest Deduction Limit 2,500 Coverdell Education Savings Account (CES) Limit 2,000 Teacher's Classroom Deduction Limit 250 Other Child Tax Credit, generally (under age 17) $1,000 Section 179 Expense Deduction Limit, generally (federal only) 250,000 Note: "Kiddie Tax" now applies to children up to the age of 23 on unearned income over $1,900   *Business standard mileage rate is $0.50 for 2010. **Medical standard mileage rate is $0.165 for 2010.