Examples of 'personal exemption' in a sentence

Meaning of "personal exemption"

personal exemption: a tax term referring to an amount of money that a taxpayer can deduct from their taxable income for themselves or their dependents, reducing the overall tax liability

How to use "personal exemption" in a sentence

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personal exemption
We increased the personal exemption three times.
Young children and infants are entitled to a personal exemption.
The personal exemption amount has changed.
We raised the base personal exemption.
Personal exemption allowances are listed at the end of these instructions.
The new law eliminates the personal exemption.
Personal exemption amounts.
The new legislation eliminates the personal exemption.
A basic personal exemption.
Individuals are allowed a special deduction called a personal exemption for dependents.
The personal exemption.
The standard deduction has doubled but the personal exemption is gone.
We raised the personal exemption to take hundreds of thousands of people off tax rolls.
The standard deduction would be doubled but the personal exemption will be eliminated.
We raised the base personal exemption and lowered the lowest marginal tax rate.

See also

The individual must have gross income less than the amount of the personal exemption.
This increase in the basic personal exemption will help the less affluent.
Personal Exemption suspended.
But I will take a personal exemption.
Previously, the value of a withholding allowance was tied to the amount of the personal exemption.
There are specific personal exemption limits for importing alcohol and tobacco into Canada.
Higher standard deduction, repeal of personal exemption.
For starters, the personal exemption no longer exists.
The same goes for the taxpayer 's personal exemption.
You can claim a personal exemption for yourself, your spouse and each of your dependents.
It suspended the declaration for 12 months, and gave a personal exemption to P. Plaintiff lost.
Steepens the curve of the personal exemption phase-out and the Pease limitation on itemized deductions.
Under the Tax Cuts and Jobs Act, the personal exemption is no longer available.
Shipped by carrier Personal exemption SAQ authorization required ( provincial taxes and markup ) *.
Do you know that the personal exemption is gone?
In May, Washington removed the personal exemption for the measles, mumps and rubella vaccine only.
You are eligible for a personal exemption if you are a,.
For 2018, you can not claim a personal exemption deduction for yourself, your spouse or your dependents.
The Act, however, increased the personal exemption and standard deduction.
For 2018, you can no longer claim a personal exemption deduction for yourself, a spouse or dependents.

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Examples of using Exemption
Exemption from tax and delay in performance
Those for production exemption requests are as follows
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