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applicable income threshold

Defined in 1 place of the United States Code.

For purposes of this subparagraph, the term “applicable income threshold” means—

(I) $60,000 in the case of a joint return or surviving spouse (as defined in section 2(a)),

(II) $50,000 in the case of a head of household, and

(III) $40,000 in any other case.

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