12/19/2011 STANDARD DEDUCTIONS: 2011 $11,600 2012 $11,900 PERSONAL EXEMPTIONS: 2011 $3,700 2012 $3,800 AUTO STANDARD MILEAGE ALLOWANCES Business 2011 .51 changing to .555 after 6/30/2011 2012 .555 Charitable 2011 .14 2012 .14 Moving/Medical 2011 .19 changing to .235 after 6/30/2011 2012 .23 (down a tad – this is correct) IRA CONTRIBUTION… Continue Reading