personal exemption
noun[C]
USukus(UKpersonal allowance)TAX
theamountofincomeyou canearneachyearbeforepayingtax:
Thepersonalexemptionfor alltaxpayershas beenincreasedby $200 to $2,600.
Examplesofpersonal exemption
personal exemption
Scheduled increases in thepersonalexemptionamount and percentage standard deduction were accelerated.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Data on basic personal amounts (personalexemptiontaxed at 0%) can be found on a year by year basis is also available.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It temporarily created thepersonalexemptionphase out applicable to the range of taxable income between $150,000 and $275,000.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The personal income tax cut raises the basicpersonalexemptionto $10,000 from its former level of just over $8,000 over the five-year period.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Associated changes in itemized deduction andpersonalexemptionrules are also continued for the same period.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Onepersonalexemptionis allowed per taxpayer, and additional such deductions are allowed for each child or certain other individuals supported by the taxpayer.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Alternatively, they can elect to subtract the standard deduction for their filing status (and any applicablepersonalexemptiondeduction) to arrive at their taxable income.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The basicpersonalexemptionis indexed to inflation, so it would likely have risen to roughly $9,000 over the five-year period without the changes.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.To help offset the increased rate, he also sought to triple the amount shielded from taxation (or thepersonalexemption) from $2,000 per person to $6,000.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thepersonalexemptionis listed as it always applies.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- agricultural worker
- agricultural yield
- agriculture
- agriculture committee
- agriculturist
- agritourism
- agrochemical
- agroecology
- agroforestry
- agro-industry
- agro-industry
- agronomic
- agronomist
- agronomy
- aground
- ague
- ah
- aha
- a hair's breadth
- a-hair-s-breadth
- a hard/tough nut to crack
- a-hard-tough-nut-to-crack
- a hard/tough row to hoe
- a-hard-tough-row-to-hoe
- ahead