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Is the personal exemption added to or subtracted from income to determine taxable income?

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  • Is the personal exemption added to or subtracted from income to determine taxable income?


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... taxes are assessed only on your taxable income. ... gross income minus allowable personal exemptions and ... are subtracted from your gross income ...
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Positive: 43 %
Once all of a taxpayer’s potentially-taxable income is added up, ... How State Personal Income Taxes ... A personal exemption is a set dollar exemption ...
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Positive: 40 %

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Figure 2: Personal Income Tax Rate Schedules for 1998 : If the taxable income is: Computed Tax Is: Of The Amount Over
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Positive: 43 %
... find out if your student income is ... are added to your tax refund or subtracted from ... subtracted from your taxable income in ...
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Positive: 38 %
Each tax deduction and tax exemption that you claim gets subtracted from your adjusted gross income so that your actual taxable income is lowered.
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Positive: 24 %
Ohio adjusted gross income (line 2 added to or subtracted from line 1) ... Ohio taxable income ... itemized deductions and personal exemption amounts.
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Positive: 1 %

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