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What is the federal personal exemption for 2017?

Ethan Martin | 2023-06-13 09:06:50 | page views:1751
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Harper Kim

Studied at the University of Delhi, Lives in Delhi, India.
The personal exemption for tax year 2017 remains as it was for 2016: $4,050. However, the exemption is subject to a phase-out that begins with adjusted gross incomes of $261,500 ($313,800 for married couples filing jointly). It phases out completely at $384,000 ($436,300 for married couples filing jointly.)Mar 12, 2018
2023-06-15 09:06:50

Oliver Lee

QuesHub.com delivers expert answers and knowledge to you.
The personal exemption for tax year 2017 remains as it was for 2016: $4,050. However, the exemption is subject to a phase-out that begins with adjusted gross incomes of $261,500 ($313,800 for married couples filing jointly). It phases out completely at $384,000 ($436,300 for married couples filing jointly.)Mar 12, 2018
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