exemption amount
Defined in 4 places of the United States Code.
Except as otherwise provided in this subsection, the term “exemption amount” means $2,000.
Source
- 1994–present26 U.S.C. § 151Internal Revenue Code · Allowance of deductions for personal exemptions · for purposes of 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”.
Source
- 1994–present26 U.S.C. § 6013Internal Revenue Code · Joint returns of income tax by husband and wife · in this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($49,000 in the case of taxable years beginning in 2001, 2002, 2003, and 2004) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($35,750 in the case of taxable years beginning in 2001, 2002, 2003, and 2004) 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 paragraph (1)(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.
Source
- 2001–200326 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($58,000 in the case of taxable years beginning in 2003, 2004, and 2005) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($40,250 in the case of taxable years beginning in 2003, 2004, and 2005) 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 paragraph (1)(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.
Source
- 2005–200626 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($58,000 in the case of taxable years beginning in 2003 and 2004) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($40,250 in the case of taxable years beginning in 2003 and 2004) 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 paragraph (1)(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.
Source
- 2003–200526 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($62,550 in the case of taxable years beginning in 2006) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($42,500 in the case of taxable years beginning in 2006) 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 paragraph (1)(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.
Source
- 2006–200726 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($66,250 in the case of taxable years beginning in 2007) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($44,350 in the case of taxable years beginning in 2007) 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 paragraph (1)(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.
Source
- 2007–200826 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($69,950 in the case of taxable years beginning in 2008) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($46,200 in the case of taxable years beginning in 2008) 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 paragraph (1)(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.
Source
- 2008–200926 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($70,950 in the case of taxable years beginning in 2009) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($46,700 in the case of taxable years beginning in 2009) 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 paragraph (1)(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.
Source
- 2009–201026 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 ($72,450 in the case of taxable years beginning in 2010 and $74,450 in the case of taxable years beginning in 2011) in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 ($47,450 in the case of taxable years beginning in 2010 and $48,450 in the case of taxable years beginning in 2011) 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 paragraph (1)(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.
Source
- 2010–201226 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
In the case of a taxpayer other than a corporation, the term “exemption amount” means—
(A) $45,000 in the case of—
(i) a joint return, or
(ii) a surviving spouse,
(B) $33,750 in the case of an individual who—
(i) is not a married individual, and
(ii) is not a surviving spouse, and
(C) $22,500 in the case of—
(i) a married individual who files a separate return, or
(ii) an estate or trust.
Source
- 1994–200126 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of this section
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.
Source
- 2012–present26 U.S.C. § 55Internal Revenue Code · Alternative minimum tax imposed · for purposes of 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.
Source
- 1994–present26 U.S.C. § 6012Internal Revenue Code · Persons required to make returns of income · in this section
The term "exemption amount" means zero.
Source
- 2017–present26 U.S.C. § 151Internal Revenue Code · Allowance of deductions for personal exemptions · under this section