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Inflation Adjustments for 2007 Personal exemptions and standard deductions rise, tax brackets are widened and more than three dozen individual and business tax provisions are adjusted to keep pace
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Individuals with only income from W-2 wages and limited deductions are required to file choose the simplest federal.
Choose the simplest federal can be filled out online or by using paper forms provided by the IRS.
The purpose of choose the simplest federal is to simplify the tax filing process for individuals with uncomplicated financial situations.
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