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adjusted base amount

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 86 — for purposes of this section

The term “adjusted base amount” means—

(A) except as otherwise provided in this paragraph, $34,000,

(B) $44,000 in the case of a joint return, and

(C) zero in the case of a taxpayer described in paragraph (1)(C).