Exemption amount

Amount that taxpayers can claim for themselves, their spouses, and eligible dependents. There are two types of exemptions-personal and dependency. Each exemption reduces the income subject to tax. The exemption amount is a set amount that changes from year to year.

Table for figuring amount exempt from levy on wages, salary, and other income (Forms 668-W, 668-W(c) & 668-W(c)(DO)) (SuDoc T 22.44/2:1494/)

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"Personal baggage law": Protest against any increase in the amount of foreign articles which Americans returning from abroad may bring in free of duty ... exemption is $100, we oppose any increase

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Taxes

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