2007 Instructions For Form 1040 - Draft Worksheet(S) And Tables Page 10
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39Standard Deduction Worksheet for Dependents—Line 40
Keep for Your Records
Use this worksheet only if someone can claim you, or your spouse if filing jointly, as a dependent.
1.
Is your earned income* more than $550?
Yes. Add $300 to your earned income. Enter the total
}
. . . . . . . . . . . . . . . . . . . . . . . . 1.
No. Enter $850
2.
Enter the amount shown below for your filing status.
•
Single or married filing separately — $5,350
}
•
Married filing jointly or qualifying widow(er) —$10,700
. . . . . . . . . . . . . . . . . . . . . . . 2.
•
Head of household — $7,850
3.
Standard deduction.
a. Enter the smaller of line 1 or line 2. If born after January 1, 1943, and not blind, stop here and
enter this amount on Form 1040, line 40. Otherwise, go to line 3b . . . . . . . . . . . . . . . . . . . . . . . . 3a.
b. If born before January 2, 1943, or blind, multiply the number on Form 1040, line 39a, by $1,050
($1,300 if single or head of household) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b.
c. Add lines 3a and 3b. Enter the total here and on Form 1040, line 40 . . . . . . . . . . . . . . . . . . . . . . . 3c.
* Earned income includes wages, salaries, tips, professional fees, and other compensation received for personal services you performed. It
also includes any amount received as a scholarship that you must include in your income. Generally, your earned income is the total of the
amount(s) you reported on Form 1040, lines 7, 12, and 18, minus the amount, if any, on line 27.
Standard Deduction Chart for People Who Were Born Before January 2, 1943, or Were Blind—
Line 40
Do not use this chart if someone can claim you, or your spouse if filing jointly, as a dependent. Instead, use the worksheet
above.
Enter the number from the box on
Do not use the number of exemptions
Form 1040, line 39a . . . . . . . . . . . . . . .
from line 6d.
IF your filing
AND the number in
THEN your standard
status is . . .
the box above is . . .
deduction is . . .
1
$6,650
Single
2
7,950
1
$11,750
Married filing jointly
2
12,800
or
3
13,850
Qualifying widow(er)
4
14,900
1
$6,400
2
7,450
Married filing separately
3
8,500
4
9,550
1
$9,150
Head of household
2
10,450
- 9 -
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