QuickTips Index

Quick Tax Facts
Overview of key tax figures for 2005. Includes standard deduction, personal exemption, phaseout ranges for itemized deductions, and retirement plan contribution limits.

Earned Income Tax Credit
How to qualify for and figure your earned income credit. The EITC is a tax credit that lowers your taxes and gives you a bigger refund. Find out the criteria for qualifying children, and the special Head of Household rule if you are separated from your spouse.

Charitable Contributions
Get a tax deduction for gifts of cash and property to qualified non-profits. Charitable contributions in 2005 may be fully deductible up to 100 percent of adjusted gross income.

Charitable Donations
Get a tax deduction for gifts of cash and property to qualified non-profits. Charitable contributions in 2005 may be fully deductible up to 100 percent of adjusted gross income.

IRS Standard Mileage Rates
In 2005 the IRS has several standard mileage rates for business, medical, and charity-related driving.

2005 Tax Rate Schedules
Marginal tax rates for the 2005 tax year.