Assertion: taxpayer's deduction | /r/HasProperty | reduced
Facets:
Source sentences:
text: High-earning taxpayers should also be aware that some deductions might be reduced; for tax year 2019, the phase-out level for the child tax credit begins at an AGI of $200,000 for single filers and $400,000 for joint filers.
text: High-earning taxpayers should also be aware that some deductions might be reduced; for 2018, the phaseout level for the personal exemption begins at an AGI of $266,700 for single filers and $320,000 for joint filers.