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Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 151.—Allowance of Deductions for Personal Exemptions

Internal Revenue Bulletin 2005-47 · 2026-10-03 edition · updated 2026-10-04 · United States

The Service provides inflation adjustments to the personal exemption and to the threshold amounts of adjusted gross income above which the exemption amount phases out for taxable years beginning in 2006. See Rev. Proc. 2005-70, page 979.

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