2016 Federal Personal and Dependent Exemption Amount


The maximum personal and dependent exemption amount is $4,050 per exemption.

For tax year 2016, the exemption amount is phased out based on your adjusted gross income (AGI). For every $2,500 of AGI (or portion thereof) above the beginning phaseout amount shown in the table below for your filing status, the $4,050 exemption amount is reduced by 2%.

Phaseout of Exemption Amount
If Your Filing Status is: Phaseout Begins When AGI reaches: Completely Phased Out When AGI Reaches:
Single $259,400 $381,900
Head of Household $285,350 $407,850
Married Filing Jointly $311,300 $433,800
Married Filing Separately $155,650 $216,900