The IRS just recently issued some revised tax numbers for 2012.
Here are a few highlights:
Standard Deduction: $11,900 for married couples filing a joint return.
Personal Exemption: $3,800
Annual Gift Exclusion: $13,000
The full list of adjusted numbers can be found in IRS Revenue Procedure 2011-52 or copy the following link from the IRS website.
http://www.irs.gov/newsroom/article/0,,id=248485,00.html?portlet=107
