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applicable dollar amount

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 219 — in this section (6 versions over time)

The term “applicable dollar amount” means the following:

(i) In the case of a taxpayer filing a joint return, $80,000.

(ii) In the case of any other taxpayer (other than a married individual filing a separate return), $50,000.

(iii) In the case of a married individual filing a separate return, zero.