SECTION 2. CHANGES MADE FROM PRECEDING YEAR

SECTION 3. 1999 ADJUSTED ITEMS

Code Section

.01 Tax Rate Tables 1(a)–(e)

.02 Unearned Income of Minor Children Taxed as if Parent’s Income (“Kiddie Tax”) 1(g)

.03 Earned Income Credit 32

.04 Alternative Minimum Tax Exemption for a Child Subject to the “Kiddie Tax” 59(j)

.05 Standard Deduction 63

December 28, 1998 18 1998–52 I.R.B.

.06 Overall Limitation on Itemized Deductions 68

.07 Income from United States Savings Bonds for Taxpayers Who Pay Qualified Higher

Education Expenses 135

.08 Personal Exemption 151

.09 Eligible Long-Term Care Premiums 213(d)(10)

.10 Medical Savings Accounts 220

.11 Treatment of Dues Paid to Agricultural or Horticultural Organizations. 512(d)

.12 Insubstantial Benefit Limitations for Contributions Associated with Charitable

Fund-Raising Campaigns 513(h)

.13 Funeral Trusts 685

.14 Expatriation to Avoid Tax 877

.15 Valuation of Qualified Real Property in Decedent’s Gross Estate 2032A

.16 Annual Exclusion for Gifts 2503 & 2523

.17 Generation-Skipping Transfer Tax Exemption 2631

.18 Luxury Automobile Excise Tax 4001 & 4003

.19 Passenger Air Transportation Excise Tax 4261

.20 Reporting Exception for Certain Exempt Organizations with Nondeductible

Lobbying Expenditures 6033(e)(3)

.21 Notice of Large Gifts Received from Foreign Persons 6039F

.22 Persons against Which a Federal Tax Lien is Not Valid 6323

.23 Interest on a Certain Portion of the Estate Tax Payable in Installments 6601(j)

.24 Attorney Fee Awards 7430

.25 Periodic Payments Received under Qualified Long-Term Care Insurance

Contracts or under Certain Life Insurance Contracts 7702B(d)