Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2012

Governor's Budget Recommendation FY 2012

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1.407 -Personal Exemption for Students Age 19 or Over


Item DescriptionFY2010 FY2011 FY2012
1.407 Personal Exemption for Students Age 19 or Over
A taxpayer may claim a dependent exemption of $1,000 for a child who is a full-time student even if he or she is 19 or over.

Origin:  IRC S. 151(c) in effect January 1, 1988 and M.G.L. c. 62 S. 3B(b)(3)
Estimate:  $9.8
9.8 9.9 9.8

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
U.S.C United States Code
M.G.L. Massachusetts General Laws
Rev. Rul.; C.B. Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES All estimates are in $ millions.


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