| Standard Deductions | 2019 | 2020 | 2021 |
| Joint or Qualifying Widow(er) | $24,000 | $24,800 | $25,100 |
| Single | $12,000 | $12,400 | $12,550 |
| Head of Household | $18,350 | $18,650 | $18,800 |
| Married Filing Separately | $12,200 | $12,400 | $12,550 |
| Additional for Elderly/Blind Married | $1,300 | $1,300 | $1,350 |
| Additional for Elderly/Blind Unmarried | $1,650 | $1,650 | $1,700 |
| Taxpayer Claimed as Dependent (with only unearned income) | $1,100 | $1,100 | $1,100 |
| Personal/Dependent Exemption | $0 | $0 | $0 |
| Unearned Income without Kiddie Tax | $2,200 | $2,200 | $2,200 |
| Beginning of Personal Exemption and Itemized Deductions Phaseout Range-Based on AGI | |||
| Joint or Surviving Spouse | NA | NA | NA |
| Single | NA | NA | NA |
| Head of household | NA | NA | |
| FICA/SE Tax Information | |||
| FICA/SE Taxable Maximum Earnings | $132,900 | $137,700 | $142,800 |
| FICA Tax Rate (Employee) | 6.2% | 6.2% | 6.2% |
| SE Tax Rate | 12.4% | 12.4% | 12.4% |
| Medicare/SE Tax Information | |||
| Taxable Maximum Earnings | Unlimited | Unlimited | Unlimited |
| Medicare Tax Rate (Employee) | 1.45% | 1.45% | 1.45% |
| SE Tax Rate | 2.90% | 2.90% | 2.90% |
| Auto Standard Mileage Allowances | |||
| Business | $0.580 | $0.575 | $0.56 |
| Charity Work | $0.14 | $0.14 | $0.14 |
| Medical/Moving | $0.20 | $0.17 | $0.16 |
| Earnings Ceiling for Social Security | |||
| Below Age 65 | $17,640 | $18,240 | $18,960 |
| Full Retirement Age | Unlimited | Unlimited | Unlimited |
| Federal Minimum Wage | $7.25 | $7.25 | $7.25 |
| Ohio Minimum Wage | $8.55 | $8.70 | $8.80 |
| IRS Section 179 Expense Election | $1,020,000 | $1,040,000 | $1,050,000 |
| IRA Contribution Limit | $6,000 | $6,000 | $6,000 |
| Age 50 Catch-up Contribution | $1,000 | $1,000 | $1,000 |
| 401K, 403(b), 457 Deferral Limits | $19,000 | $19,500 | $19,500 |
| Age 50 Catch-up Contribution | $6,000 | $6,500 | $6,500 |
| Health Savings Accounts | |||
| Contribution (Deduction) Maximum | |||
| Self-only Coverage | $3,500 | $3,550 | $3,600 |
| Family Coverage | $7,000 | $7,100 | $7,200 |
| Age 55 Catch-up | $1,000 | $1,000 | $1,000 |
| Standard Deductions | 2018 | 2019 | 2020 |
| Joint or Qualifying Widow(er) | $24,000 | $24,000 | $24,800 |
| Single | $12,000 | $12,000 | $12,400 |
| Head of Household | $18,000 | $18,350 | $18,650 |
| Married Filing Separately | $12,000 | $12,200 | $12,400 |
| Additional for Elderly/Blind Married | $1,300 | $1,300 | $1,300 |
| Additional for Elderly/Blind Unmarried | $1,600 | $1,650 | $1,650 |
| Taxpayer Claimed as Dependent (with only unearned income) | $1,050 | $1,100 | $1,100 |
| Personal/Dependent Exemption | $4,150 | $0 | $0 |
| Unearned Income without Kiddie Tax | $2,100 | $2,200 | $2,200 |
| Beginning of Personal Exemption and Itemized Deductions Phaseout Range-Based on AGI | |||
| Joint or Surviving Spouse | $320,000 | NA | NA |
| Single | $266,700 | NA | NA |
| Head of household | $293,350 | NA | |
| Married Filing Separately | $160,000 | NA | |
| FICA/SE Tax Information | |||
| FICA/SE Taxable Maximum Earnings | $128,400 | $132,900 | $137,700 |
| FICA Tax Rate (Employee) | 6.2% | 6.2% | 6.2% |
| SE Tax Rate | 12.4% | 12.4% | 12.4% |
| Medicare/SE Tax Information | |||
| Taxable Maximum Earnings | Unlimited | Unlimited | Unlimited |
| Medicare Tax Rate (Employee) | 1.45% | 1.45% | 1.45% |
| SE Tax Rate | 2.9% | 2.90% | 2.90% |
| Auto Standard Mileage Allowances | |||
| Business | $0.545 | $0.580 | $0.575 |
| Charity Work | $0.14 | $0.14 | $0.14 |
| Medical/Moving | $0.18 | $0.20 | $0.18 |
| Earnings Ceiling for Social Security | |||
| Below Age 65 | $17,040 | $17,640 | $18,240 |
| Full Retirement Age | Unlimited | Unlimited | Unlimited |
| Federal Minimum Wage | $7.25 | $7.25 | $7.25 |
| Ohio Minimum Wage | $8.30 | $8.55 | $8.70 |
| IRS Section 179 Expense Election | $1,000,000 | $1,020,000 | $1,040,000 |
| IRA Contribution Limit | $5,500 | $6,000 | $6,000 |
| Age 50 Catch-up Contribution | $1,000 | $1,000 | $1,000 |
| 401K, 403(b), 457 Deferral Limits | $18,500 | $19,000 | $19,500 |
| Age 50 Catch-up Contribution | $6,000 | $6,000 | $6,500 |
| Health Savings Accounts | |||
| Contribution (Deduction) Maximum | |||
| Self-only Coverage | $3,450 | $3,500 | $3,550 |
| Family Coverage | $6,900 | $7,000 | $7,100 |
| Age 55 Catch-up | $1,000 | $1,000 | $1,000 |
*From tax return due date or filing date, plus any amended returns, whichever is later