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| 2008 & 2009 Quicklinks | QuickFacts: | ||
| Tax Law Changes for Individuals | 2009 | 2008 | |
| IRS Forms and Publications | Business Mileage Rate | 58.5 cents per mile (after July 1) 50.5 cents per mile (Jan - June) |
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Ohio Tax Information for Individuals |
Social Sec Wage Limit | $106,800 | $102,000 |
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Ohio Commercial Activity Tax for Business |
Exemption Amount | $ 3,650 | $3,500 |
| Estate Exemption Amount | $3.5 million | $2 million | |
| Gift Tax Exclusion | $13,000 | $12,000 | |
| IRA Contribution Limit (Under Age 50) | $5,000 | ||
| IRA Contribution Limit (Age 50 or over) | $6,000 | ||