exemption amount
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 151 — for purposes of this section
Except as otherwise provided in this subsection, the term “exemption amount” means $2,000.
26 U.S.C. § 151 — under this section
The term "exemption amount" means zero.
26 U.S.C. § 55 — for purposes of this section (10 versions over time)
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $78,750 in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $50,600 in the case of an individual who—
(i) is not a married individual, and
(ii) is not a surviving spouse,
(C) 50 percent of the dollar amount applicable under subparagraph (A) in the case of a married individual who files a separate return, and
(D) $22,500 in the case of an estate or trust.
26 U.S.C. § 6012 — in this section
The term “exemption amount” has the meaning given such term by section 151(d). In the case of an individual described in section 151(d)(2), the exemption amount shall be zero.
26 U.S.C. § 6013 — in this section
For purposes of this subparagraph, the term “exemption amount” has the meaning given to such term by section 151(d). For purposes of clauses (ii) and (iii), if the spouse whose gross income is being compared to the exemption amount is 65 or over, such clauses shall be applied by substituting “the sum of the exemption amount and the additional standard deduction under section 63(c)(2) by reason of section 63(f)(1)(A)” for “the exemption amount”.