2019 Standard Mileage Rates

Business..................58 cents per mile                                                                                 Depreciation........................26 cents per mile

Charitable...............14 cents per mile                                                                                 Medical and moving............20 cents per mile

2019 Earned Income Credit - Maximum Income Limits

                                                                                                                                          No Children       1 Child       3 Children

Married Filing Joint............................................................................................................$21,370             $46,884         $55,952

Single, Head of Household, Qualifying Widow(er)............................................................$15,570             $41,094         $50,162

Investment Income Limit:  $3,800

2019 Phaseouts Based on Modified Adjusted Gross Income

Student Loan Interest:                                                                                          Traditional IRA - Covered By Employer:

Married Filing Joint..............................................$140,000 to $170,000              Married Filing Joint, Qualifying Widow(er).....$103,000 to $123,000

Single, Head of Household, Qualifying Widow(er).70,000 to $  85,000               Single, Head of Household.............................$  64,000 to $  74,000

Married Filing Single...............................................Does not qualify                   Married Filing Separate..................................$           0 to $  10,000

                                                                                                                              Spouse not covered by employer................... $193,000 to $203,000

American Opportunity Credit:                                                                            Roth IRA:

Married Filing Joint................................................$160,000 to $180,000           Married Filing Joint, Qualifying Widow(er)....$193,000 to $203,000     

Single, Head of Household, Qualifying widow(er).$  80,000 to $ 90,000           Single, Head of Household............................ $122,000 to $137,000        Married Filing Separate......................................... Does not qualify                 Married Filing Separate..................................$           0 to $  10,000             

Lifetime Learning Credit:                                                                                   Retirement Savings Contribution

Married Filing Joint................................................$116,000 to $136,000          Credit-maximum Adjusted Gross Income:

Single, Head of Household, Qualifying Widow(er) $ 58,000 to $  68,000            MFJ                          HOH                     Single, QW, MFS 

Married Filing Single...............................................Does not qualify               $64,000                     $48,000                            $32,000

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