Exemption Phase-Out

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August 25, 2024 3 min read Definitions
Exemption Phase-Out: Deductions for Personal Exemptions Phased Out with AGI
Taxes Finance Economics Exemption Phase-Out Personal Exemptions Adjusted Gross Income (AGI) Deductions Tax Code
Understanding how the amount claimed as a deduction for personal exemptions is reduced as Adjusted Gross Income (AGI) increases beyond a specified threshold.
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