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Nova and Doltan file a joint return and have 1 childrenall of whom qualify as dependents. If Nova and Doltan have AGI of $354,800, what
Nova and Doltan file a joint return and have 1 childrenall of whom qualify as dependents. If Nova and Doltan have AGI of $354,800, what is their allowable deduction for personal and dependency exemptions for 2016?
Click here to access theAGI phaseout tableto use.
When computing the reduction factor, round the amount up to the next whole number and use in subsequent computations.
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