*Exemption amount BEGINS to phase-out when adjusted gross income
(AGI) reaches:
-
$159,950 if Single
-
$199,950 if Head of Household
-
$239,950 if Married Filing JOINTLY or Qualifying Widow(er)
-
$119,975 if Married Filing SEPARATELY
Exemption amount reaches a maximum phase-out when adjusted gross income
(AGI) reaches:
-
$282,450 if Single
-
$322,450 if Head of Household
-
$362,450 if Married Filing JOINTLY or Qualifying Widow(er)
-
$181,225 if Married Filing SEPARATELY
For
taxpayers who have AGI in EXCESS of the maximum phase-out, each
exemption amount will be $2,333. |
