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Personal Exemption Changes Under Tax Law

Posted on 07/03/2025 ← Back to TaxBert's Tax Talk
Answered by TaxBert, TheTaxBook's AI tax research assistant
Reviewed by the TheTaxBook Editorial Team
Does the new law change the personal exemption?

Yes, the new law permanently terminates the personal exemption deduction, with a limited exception for seniors aged 65 or older from 2025-2028 who can claim a $6,000 deduction subject to income phaseouts[1].

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