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Phrases with «personal exemptions»
"personal exemptions"
refer to a specific amount of money that you can deduct from your taxable income. It's like a financial benefit that reduces the amount of taxes you have to pay.
Full definition
personal
(parent phrase)
exemption
(parent phrase)
personal exemptions
elimination of personal exemptions
Related phrases
personal exemption amount
personal exemption for someone
one's personal exemptions
Sentences with «personal exemptions»
1 / The basic
personal exemption for
some provinces is lower than the federal one.
(
moneysmartsblog.com
)
For tax year 2015, the standard
personal exemption amount
is $ 4,000 per person.
(
irs.com
)
The old tax code allowed for taxpayers to
claim personal exemptions
.
(
us.etrade.com
)
(see all sentences)
See also
Definition of PERSONAL EXEMPTIONS
Synonyms for PERSONAL EXEMPTIONS
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