Personal exemption (United States)

Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. It has the effect of reducing income tax payable, even to tax-free level, but not so as to result in a tax refund. In 2015 the personal exemption amount was US$4.000. The exemption for 2016 is $4,050, though the actual tax benefit depends on the taxpayer's marginal tax rate. The personal exemption amount is adjusted each year for inflation.

单词	Dependency exemption
释义	Dependency exemption 英语百科 Personal exemption (United States) Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. It has the effect of reducing income tax payable, even to tax-free level, but not so as to result in a tax refund. In 2015 the personal exemption amount was US$4.000. The exemption for 2016 is $4,050, though the actual tax benefit depends on the taxpayer's marginal tax rate. The personal exemption amount is adjusted each year for inflation.
随便看	bills and accounts payable with terms bills and accounts receival bills as Bills,Avian bills book bills broker bills committee Billscopin Solution Bills department bills discounted bills discounted and remittance bills discounted and remittance bought bills discounted daily list bills discounted overdue bills discounted with collateral securities bills dishonoured bills drawn under letter of credit bills due bill sent for collection bills for collection bills for hoardings Bill Short bill signed in acknowledgement of debt bills in a set bills in circulation

Dependency exemption

Personal exemption (United States)