Assertion: exemption's income | /r/HasProperty | agi
Facets:
Source sentences:
text: The personal exemption was subject to a phaseout (PEP) that gradually reduced the personal exemption of high-income taxpayers by 2% for each $2,500 or fraction of adjusted gross income (AGI) exceeding $261,500 for single filers, $287,650 for a head of household filers, and $313,800 for joint filers.
text: In computing taxable income, taxpayers may claim all personal exemptions for which they are eligible under §151, and deduct that amount from the adjusted gross income (AGI).
text: You also may not be able to claim the entire personal exemption depending on your adjusted gross income (AGI).