,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #hiac  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #bj1        
#bjbb,mr4 ,bu*anan 7= himself1 ,mr4     
,brady1 ,mr4 ,banks1 ,mr4 ,p]ry1 & ,mr4 
,joyce ( ,ohio7 introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on ,ways &
 ,means  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to make p]man5t   
c]ta9 provisions ( ! ,tax ,cuts & ,jobs 
,act affect+ individuals1 families1 &   
small bus9esses1 & = o!r purposes4  #a4 
,%ort title1 etc  7a7 ,%ort title ,?is  
,act may be cit$ z ! ,,tcja ,p]man5cy   
,act4  7b7 ,am5dm5t ( #aihf code ,except
 z o!rwise expressly provid$1 :5ev] 9   
?is ,act an am5dm5t or repeal is        
express$ 9 t]ms ( an am5dm5t to1 or     
repeal (1 a section or o!r provision1 ! 
ref]5ce %all be consid]$ to be made to a
 section or o!r provision ( ! ,int]nal  
,rev5ue ,code ( #aihf4  7c7 ,ref]5ces to
 ! ,tax ,cuts & ,jobs ,act ,title ,i (  
,public ,law #aae-ig may be cit$ z !    
,tax ,cuts & ,jobs ,act4  7d7 ,table (  

cont5ts ,! table ( cont5ts ( ?is ,act is
 z foll[s3 ,sec4 #a4 ,%ort title1       
etc4,title ,i--,individual re=m made    
permanent,subtitle ,a--,rate reform,sec4
 #aja4 ,modification ( rates4,subtitle  
,b--,d$uction = qualifi$ bus9ess income 
( pass-,?ru entities,sec4 #aaa4         
,d$uction = qualifi$ bus9ess            
income4,sec4 #aab4 ,limitation on losses
 = taxpay]s o!r ?an                     
corporations4,subtitle ,c--,tax b5efits 
= families & individuals,sec4 #aba4     
,increase 9 /&>d d$uction4,sec4 #abb4   
,increase 9 & modification ( *ild tax   
cr$it4,sec4 #abc4 ,increas$ limitation =
 c]ta9 *>itable contributions4,sec4     
#abd4 ,increas$ contributions to ,,able 
acc\nts4,sec4 #abe4 ,rollov]s to ,,able 
programs f #ebi programs4,sec4 #abf4    
,treatm5t ( c]ta9 individuals p]=m+     
s]vices 9 ! ,s9ai ,p59sula (            
,egypt4,subtitle ,d--,education,sec4    
#aca4 ,treatm5t ( /ud5t loan            
dis*>ges4,sec4 #acb4 #ebi acc\nt fund+ =
 homes*ool & additional elem5t>y &      

second>y exp5ses4,subtitle              
,e--,d$uctions & exclusions,sec4 #ada4  
,repeal ( d$uction = p]sonal            
exemptions4,sec4 #adb4 ,limitation on   
d$uction = ,/ate & local1 etc41         
taxes4,sec4 #adc4 ,limitation on        
d$uction = qualifi$ resid5ce            
int]e/4,sec4 #add4 ,modification (      
d$uction = p]sonal casualty losses4,sec4
 #ade4 ,t]m9ation ( miscellane\s itemiz$
 d$uctions4,sec4 #adf4 ,repeal ( ov]all 
limitation on itemiz$ d$uctions4,sec4   
#adg4 ,t]m9ation ( exclusion = qualifi$ 
bicycle commut+ reimbursem5t4,sec4 #adh4
 ,qualifi$ mov+ exp5se reimbursem5t     
exclusion limit$ to memb]s ( ,arm$      
,=ces4,sec4 #adi4 ,d$uction = mov+      
exp5ses limit$ to memb]s ( ,arm$        
,=ces4,sec4 #aej4 ,limitation on wag]+  
losses4,subtitle ,f--,increase 9 e/ate &
 gift tax exemption,sec4 #aea4 ,increase
 9 e/ate & gift tax exemption4,title    
,,ii--,increas$ exemption = ,alt]native 
,m9imum ,tax made permanent,sec4 #bja4  
,increas$ exemption = individuals4  ,i  

,individual re=m made p]man5t  ,a ,rate 
re=m  #aja4 ,modification ( rates  7a7  
,m>ri$ individuals fil+ jo9t returns &  
surviv+ sp\ses ,section #a7;a7 is am5d$ 
by /rik+ ! table conta9$ !re9 & ins]t+ !
 foll[+3 ,if taxable income is3,! tax   
is3,n ov] #ai1jejaj ( taxable           
income4,ov] #ai1jej b n ov]             
#gg1djja1ije1 plus #ab ( ! excess ov]   
#ai1jej4,ov] #gg1djj b n ov]            
#afe1jjjh1ijg1 plus #bb ( ! excess ov]  
#gg1djj4,ov] #afe1jjj b n ov]           
#cae1jjjbh1agi1 plus #bd ( ! excess ov] 
#afe1jjj4,ov] #cae1jjj b n ov]          
#djj1jjjfd1agi1 plus #cb ( ! excess ov] 
#cae1jjj4,ov] #djj1jjj b n ov]          
#fjj1jjjia1cgi1 plus #ce ( ! excess ov] 
#djj1jjj4,ov] #fjj1jjjafa1cgi1 plus #cg 
( ! excess ov] #fjj1jjj4 4  7b7 ,heads (
 h\seholds ,section #a7;b7 is am5d$ by  
/rik+ ! table conta9$ !re9 & ins]t+ !   
foll[+3 ,if taxable income is3,! tax    
is3,n ov] #ac1fjjaj ( taxable           
income4,ov] #ac1fjj b n ov]             
#ea1hjja1cfj1 plus #ab ( ! excess ov]   

#ac1fjj4,ov] #ea1hjj b n ov]            
#hb1ejje1idd1 plus #bb ( ! excess ov]   
#ea1hjj4,ov] #hb1ejj b n ov]            
#aeg1ejjab1fih1 plus #bd ( ! excess ov] 
#hb1ejj4,ov] #aeg1ejj b n ov]           
#bjj1jjjcj1fih1 plus #cb ( ! excess ov] 
#aeg1ejj4,ov] #bjj1jjj b n ov]          
#ejj1jjjdd1bih1 plus #ce ( ! excess ov] 
#bjj1jjj4,ov] #ejj1jjjadi1bih1 plus #cg 
( ! excess ov] #ejj1jjj4 4  7c7 ,unm>ri$
 individuals o!r ?an surviv+ sp\ses &   
heads ( h\seholds ,section #a7;c7 is    
am5d$ by /rik+ ! table conta9$ !re9 &   
ins]t+ ! foll[+3 ,if taxable income     
is3,! tax is3,n ov] #i1ebeaj ( taxable  
income4,ov] #i1ebe b n ov]              
#ch1gjjieb4ej1 plus #ab ( ! excess ov]  
#i1ebe4,ov] #ch1gjj b n ov]             
#hb1ejjd1dec4ej1 plus #bb ( ! excess ov]
 #ch1gjj4,ov] #hb1ejj b n ov]           
#aeg1ejjad1jhi4ej1 plus #bd ( ! excess  
ov] #hb1ejj4,ov] #aeg1ejj b n ov]       
#bjj1jjjcb1jhi4ej1 plus #cb ( ! excess  
ov] #aeg1ejj4,ov] #bjj1jjj b n ov]      
#ejj1jjjde1fhi4ej1 plus #ce ( ! excess  

ov] #bjj1jjj4,ov] #ejj1jjjaej1fhi4ej1   
plus #cg ( ! excess ov] #ejj1jjj4 4  7d7
 ,m>ri$ individuals fil+ sep>ate returns
 ,section #a7;d7 is am5d$ by /rik+ !    
table conta9$ !re9 & ins]t+ ! foll[+3   
,if taxable income is3,! tax is3,n ov]  
#i1ebeaj ( taxable income4,ov] #i1ebe b 
n ov] #ch1gjjieb4ej1 plus #ab ( ! excess
 ov] #i1ebe4,ov] #ch1gjj b n ov]        
#hb1ejjd1dec4ej1 plus #bb ( ! excess ov]
 #ch1gjj4,ov] #hb1ejj b n ov]           
#aeg1ejjad1jhi4ej1 plus #bd ( ! excess  
ov] #hb1ejj4,ov] #aeg1ejj b n ov]       
#bjj1jjjcb1jhi4ej1 plus #cb ( ! excess  
ov] #aeg1ejj4,ov] #bjj1jjj b n ov]      
#cjj1jjjde1fhi4ej1 plus #ce ( ! excess  
ov] #bjj1jjj4,ov] #cjj1jjjhj1fhi4ej1    
plus #cg ( ! excess ov] #cjj1jjj4 4  7e7
 ,e/ates & tru/s ,section #a7;e7 is     
am5d$ by /rik+ ! table conta9$ !re9 &   
ins]t+ ! foll[+3 ,if taxable income     
is3,! tax is3,n ov] #b1eejaj ( taxable  
income4,ov] #b1eej b n ov] #i1aejbee1   
plus #bd ( ! excess ov] #b1eej4,ov]     
#i1aej b n ov] #ab1ejja1hci1 plus #ce ( 

! excess ov] #i1aej4,ov]                
#ab1ejjc1jaa4ej1 plus #cg ( ! excess ov]
 #ab1ejj4 4  7f7 ,inflation adju/m5ts   
,section #a7;f7 is am5d$-- 7#a7 by am5d+
 p>agraph 7#b77;,a7 to read z foll[s3   
7,a7 by increas+ ! m9imum & maximum     
doll> am\nts = ea* bracket = :i* a tax  
is impos$ "u su* table by ! co/-(-liv+  
adju/m5t = su* cal5d> ye>1 det]m9$ "u   
?is subsection = su* cal5d> ye> by      
sub/itut+ #8#bjag' = #8#bjaf' 9 p>agraph
 7#c77;,a77ii71  1  7#b7 by am5d+       
p>agraph 7#g7 to read z foll[s3  7#g7   
,r\nd+  7,a7 ,9 g5]al ,except z provid$ 
9 subp>agraph 7,b71 if any increase     
det]m9$ "u p>agraph 7#b77;,a7 is n a    
multiple ( #be1 su* increase %all be    
r\nd$ to ! next l[e/ multiple ( #be4    
7,b7 ,jo9t returns1 etc ,9 ! case ( a   
table prescrib$ "u subsection 7a71      
subp>agraph 7,a7 %all be appli$ by      
sub/itut+ #ej = #be bo? places x appe>s4
  1  7#c7 by /rik+ p>agraph 7#h71 &     
7#d7 9 ! head+1 by /rik+ ,phase\t (     
m>riage p5alty 9 #ae-p]c5t bracket2     

adju/m5ts & ins]t+ ,adju/m5ts4  7g7     
,application ( income tax brackets to   
capital ga9s brackets ,section #a7;h7 is
 am5d$-- 7#a7 9 p>agraph 7#a77;,b77i71  
by /rik+ #be p]c5t & ins]t+ #bb p]c5t1  
7#b7 9 p>agraph 7#a77;,c77ii77,i71 by   
/rik+ :i* w\ld 7)\t reg>d to ?is        
p>agraph7 be tax$ at a rate bel[ #ci4f  
p]c5t & ins]t+ bel[ ! maximum #ae-p]c5t 
rate am\nt1 &  7#c7 by add+ at ! end !  
foll[+ new p>agraphs3  7#ab7 ,maximum   
#ae-p]c5t rate am\nt def9$ ,= purposes (
 ?is subsection1 ! maximum #ae-p]c5t    
rate am\nt %all be-- 7,a7 9 ! case ( a  
jo9t return or surviv+ sp\se 7z def9$ 9 
section #b7;a771 #dgi1jjj 7 su* am\nt 9 
! case ( a m>ri$ individual fil+ a      
sep>ate return71  7,b7 9 ! case ( an    
individual :o is a head ( h\sehold 7z   
def9$ 9 section #b7;b771 #deb1djj1  7,c7
 9 ! case ( any o!r individual 7o!r ?an 
an e/ate or tru/71 #dbe1hjj1 &  7,d7 9 !
 case ( an e/ate or tru/1 #ab1gjj4      
7#ac7 ,det]m9ation ( #j p]c5t rate      
bracket = e/ates & tru/s ,9 ! case ( any

 e/ate or tru/1 p>agraph 7#a77;,b7 %all 
be appli$ by treat+ ! am\nt det]m9$ 9   
clause 7i7 !re( z be+ equal to #b1fjj4  
7#ad7 ,inflation adju/m5t  7,a7 ,9 g5]al
 ,ea* ( ! doll> am\nts 9 p>agraphs 7#ab7
 & 7#ac7 %all be increas$ by an am\nt   
equal to-- 7i7 su* doll> am\nt1         
multipli$ by  7ii7 ! co/-(-liv+ adju/m5t
 det]m9$ "u subsection 7f77#c7 = !      
cal5d> ye> 9 :i* ! taxable ye> beg9s1   
det]m9$ by sub/itut+ cal5d> ye> #bjag = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  7,b7 ,r\nd+ ,if any increase "u  
subp>agraph 7,a7 is n a multiple ( #ej1 
su* increase %all be r\nd$ to ! next    
l[e/ multiple ( #ej4  4  7h7 ,con=m+    
am5dm5ts  7#a7 ,section #a is am5d$ by  
/rik+ subsections 7i7 & 7j74  7#b7      
,section #cdjb7q77#a7 is am5d$ by /rik+ 
?ird l[e/ & ins]t+ f\r? l[e/4  7i7      
,application ( section #ae  7#a7 ,9     
g5]al ,subsection 7a7 ( section #ae is  
am5d$ by /rik+ ,if any rate ( tax &     
ins]t+ ,9 ! case ( a corporation1 if any
 rate ( tax4  7#b7 ,con=m+ am5dm5ts     

7,a7 ,section #ae is am5d$ by /rik+     
subsections 7d7 & 7f74  7,b7 ,section   
#fjac7;c7 is am5d$ by /rik+ sections    
#ae1 #ddc1 & #ghea7;a77#a77;,a7 & ins]t+
 section #ddc4  7,c7 ,! head+ ( section 
#ae is am5d$ by ins]t+ on corporations  
aft] ,effect ( *anges4  7,d7 ,! table ( 
sections = "p ,,iii ( sub*apt] ,a (     
*apt] #a is am5d$ by /rik+ ! item relat+
 to section #ae & ins]t+ ! foll[+ new   
item3  ,sec4 #ae4 ,effect ( *anges on   
corporations4  4  7j7 ,effective date   
7#a7 ,9 g5]al ,! am5dm5ts made by ?is   
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  7#b7 ,application ( section #ae  
,section #ae ( ! ,int]nal ,rev5ue ,code 
( #aihf %all n apply to any *ange 9 a   
rate ( tax by reason (-- 7,a7 section   
#a7;j7 ( su* ,code 7z 9 effect be=e its 
repeal by ?is section71 or  7,b7 any    
am5dm5t made by ?is ,act4  ,b ,d$uction 
= qualifi$ bus9ess income ( pass-,?ru   
entities  #aaa4 ,d$uction = qualifi$    
bus9ess income  7a7 ,9 g5]al ,section   

#aii;,a is am5d$ by /rik+ subsection    
7i74  7b7 ,effective date ,! am5dm5ts   
made by ?is section %all apply to       
taxable ye>s beg9n+ aft] ! date ( !     
enactm5t ( ?is ,act4  #aab4 ,limitation 
on losses = taxpay]s o!r ?an            
corporations  7a7 ,9 g5]al ,section #dfa
 is am5d$-- 7#a7 by am5d+ subsection    
7l77#a7 to read z foll[s3  7#a7         
,limitation ,9 ! case ( a taxpay] o!r   
?an a corporation1 any excess bus9ess   
loss ( ! taxpay] = ! taxable ye> %all n 
be all[$4  1 &  7#b7 by /rik+ subsection
 7j7 & r$esignat+ subsections 7k7 & 7l7 
7z am5d$7 z subsections 7j7 & 7k71      
respectively4  7b7 ,con=m+ am5dm5ts     
7#a7 ,section #eh7;a77#b77;,a7 is am5d$ 
by /rik+ #dfa7k7 & ins]t+ #dfa7;j74     
7#b7 ,section #dfa7;i77#d7 is am5d$ by  
/rik+ subsection 7k7 & ins]t+ subsection
 7j74  7#c7 ,section                    
#dfd7;d77#b77;,b77iii7 is am5d$ by /rik+
 section #dfa7k77#b77;,e7 & ins]t+      
section #dfa7;j77#b77;,e74  7#d7        
,subp>agraphs 7,b7 & 7,c7 ( section     

#abef7;e77#c7 are ea* am5d$ by /rik+    
section #dfa7k77#d7 & ins]t+ section    
#dfa7;j77#d74  7#e7 ,section            
#abeh7;d77#e77;,c7 is am5d$ by /rik+    
section #dfa7k77#d7 & ins]t+ section    
#dfa7;j77#d74  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act4  ,c ,tax b5efits = 
families & individuals  #aba4 ,increase 
9 /&>d d$uction  7a7 ,9 g5]al ,section  
#fc7;c77#b7 is am5d$-- 7#a7 by /rik+    
#d1djj 9 subp>agraph 7,b7 & ins]t+      
#ah1jjj1 &  7#b7 by /rik+ #c1jjj 9      
subp>agraph 7,c7 & ins]t+ #ab1jjj4  7b7 
,inflation adju/m5t ,section #fc7;c77#d7
 is am5d$ to read z foll[s3  7#d7       
,adju/m5ts = inflation  7,a7 ,9 g5]al   
,ea* doll> am\nt 9 p>agraph 7#b77;,b71  
7#b77;,c71 or 7#e7 or subsection 7f7    
%all be increas$ by an am\nt equal to-- 
7i7 su* doll> am\nt1 multipli$ by  7ii7 
! co/-(-liv+ adju/m5t det]m9$ "u section
 #a7;f77#c7 = ! cal5d> ye> 9 :i* !      
taxable ye> beg9s1 det]m9$ by sub/itut+ 

= #bjaf 9 subp>agraph 7,a77ii7 !re(--   
7,i7 9 ! case ( ! doll> am\nts conta9$ 9
 p>agraph 7#b77;,b7 or 7#b77;,c71 #bjag1
  7,,ii7 9 ! case ( ! doll> am\nts      
conta9$ 9 p>agraph 7#e77;,a7 or         
subsection 7f71 #aihg1 &  7,,iii7 9 !   
case ( ! doll> am\nt conta9$ 9 p>agraph 
7#e77;,b71 #aiig4  7,b7 ,r\nd+ ,if any  
increase "u subp>agraph 7,a7 is n a     
multiple ( #ej1 su* increase %all be    
r\nd$ to ! next l[e/ multiple ( #ej4  4 
7c7 ,con=m+ am5dm5t ,section #fc7;c7 is 
am5d$ by /rik+ p>agraph 7#g74  7d7      
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #abb4 ,increase 9 & modification 
( *ild tax cr$it  7a7 ,9 g5]al ,section 
#bd is am5d$ by /rik+ subsections 7a71  
7b71 & 7c7 & ins]t+ ! foll[+ new        
subsections3  7a7 ,all[ance ( cr$it ,!re
 %all be all[$ z a cr$it aga9/ ! tax    
impos$ by ?is *apt] = ! taxable ye> an  
am\nt equal to ! sum (-- 7#a7 #b1jjj =  
ea* qualify+ *ild ( ! taxpay]1 &  7#b7  

#ejj = ea* qualify+ dep5d5t 7o!r ?an a  
qualify+ *ild7 ( ! taxpay]4  7b7        
,limitation bas$ on adju/$ gross income 
,! am\nt ( ! cr$it all[able "u          
subsection 7a7 %all be r$uc$ 7b n bel[  
z]o7 by #ej = ea* #a1jjj 7or fraction   
!re(7 by :i* ! taxpay]'s modifi$ adju/$ 
gross income exce$s #djj1jjj 9 ! case ( 
a jo9t return 7#bjj1jjj 9 any o!r case74
 ,= purposes ( ! prec$+ s5t5ce1 ! t]m   
8modifi$ adju/$ gross income0 means     
adju/$ gross income increas$ by any     
am\nt exclud$ f gross income "u section 
#iaa1 #ica1 or #icc4  7c7 ,qualify+     
*ild2 qualify+ dep5d5t ,= purposes ( ?is
 section-- 7#a7 ,qualify+ *ild ,! t]m   
qualify+ *ild means any qualify+ dep5d5t
 ( ! taxpay]-- 7,a7 :o is a qualify+    
*ild 7z def9$ 9 section #ggjf7;c77 ( !  
taxpay]1  7,b7 :o has n atta9$ age #ag  
at ! close ( ! cal5d> ye> 9 :i* !       
taxable ye> ( ! taxpay] beg9s1 &  7,c7  
^: "n & social security numb] are       
includ$ on ! taxpay]'s return ( tax = ! 
taxable ye>4  7#b7 ,qualify+ dep5d5t ,! 

t]m qualify+ dep5d5t means any dep5d5t (
 ! taxpay] 7z def9$ 9 section #ggjf )\t 
reg>d to all t foll[s resid5t ( ! ,unit$
 ,/ates 9 section #ggjf7;b77#c77;,a77 ^:
 "n & ,,t9 are includ$ on ! taxpay]'s   
return ( tax = ! taxable ye>4  7#c7     
,social security numb] def9$ ,= purposes
 ( ?is subsection1 ! t]m social security
 numb] means1 ) respect to a return (   
tax1 a social security numb] issu$ to an
 individual by ! ,social ,security      
,adm9i/ration1 b only if ! social       
security numb] is issu$-- 7,a7 to a     
citiz5 ( ! ,unit$ ,/ates or pursuant to 
subclause 7,i7 7or t portion ( subclause
 7,,iii7 t relates to subclause 7,i77 ( 
section #bje7;c77#b77;,b77i7 ( ! ,social
 ,security ,act1 &  7,b7 on or be=e !   
due date ( fil+ su* return4  4  7b7     
,portion ( cr$it refundable  7#a7 ,9    
g5]al ,section #bd7;d77#a77;,a7 is am5d$
 to read z foll[s3  7,a7 ! cr$it :i*    
w\ld be all[$ "u ?is section det]m9$--  
7i7 by sub/itut+ #a1djj = #b1jjj 9      
subsection 7a77#a71  7ii7 )\t reg>d to  

subsection 7a77#b71 &  7iii7 )\t reg>d  
to ?is subsection 7o!r ?an ?is          
subp>agraph7 & ! limitation "u section  
#bf7;a71 or  4  7#b7 ,modification (    
limitation bas$ on e>n$ income ,section 
#bd7;d77#a77;,b77i7 is am5d$ by /rik+   
#c1jjj & ins]t+ #b1ejj4  7#c7 ,inflation
 adju/m5t ,section #bd7;d7 is am5d$ by  
ins]t+ aft] p>agraph 7#c7 ! foll[+ new  
p>agraph3  7#d7 ,adju/m5t = inflation   
7,a7 ,9 g5]al ,! #a1djj am\nt 9 p>agraph
 7#a77;,a77i7 %all be increas$ by an    
am\nt equal to-- 7i7 su* doll> am\nt1   
multipli$ by  7ii7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section #a7;f77#c7 = !      
cal5d> ye> 9 :i* ! taxable ye> beg9s1   
det]m9$ by sub/itut+ #bjag = #bjaf 9    
subp>agraph 7,a77ii7 !re(4  7,b7 ,r\nd+ 
,if any increase "u subp>agraph 7,a7 is 
n a multiple ( #ajj1 su* increase %all  
be r\nd$ to ! next l[e/ multiple ( #ajj4
  7,c7 ,limitation ,! am\nt ( any       
increase "u subp>agraph 7,a7 7aft] !    
application ( subp>agraph 7,b77 %all n  
exce$ #fjj4  4  7#d7 ,con=m+ am5dm5ts   

7,a7 ,section #bd7;e7 is am5d$ to read z
 foll[s3  7e7 ,taxpay] id5tification    
requirem5t ,no cr$it %all be all[$ "u   
?is section if ! id5tify+ numb] ( !     
taxpay] 0 issu$ aft] ! due date = fil+ !
 return ( tax = ! taxable ye>4  4  7,b7 
,section #bd is am5d$ by /rik+          
subsection 7h74  7c7 ,repeal ( c]ta9    
lat] enact$ provisions  7#a7 ,section   
#bd is am5d$ by /rik+ subsections 7i71  
7j71 & 7k74  7#b7 ,*apt] #gg is am5d$ by
 /rik+ section #gebg;,a 7& by /rik+ !   
item relat+ to section #gebg;,a 9 !     
table ( sections = su* *apt]74  7#c7    
,section #bf7;b77#b7 is am5d$ by ins]t+ 
& at ! end ( subp>agraph 7,x71 by /rik+ 
1 & at ! end ( subp>agraph 7,y7 & ins]t+
 a p]iod1 & by /rik+ subp>agraph 7,z74  
7#d7 ,section #cdjb7;f77#a77;,c7 is     
am5d$ by /rik+ section #bd 7det]m9$ aft]
 application ( subsection 7j7 !re(7 &   
ins]t+ section #bd7;a74  7#e7 ,section  
#fbaa7;b77#d77;,a7 is am5d$-- 7,a7 by   
/rik+ #bd by reason ( subsections 7d7 & 
7i77#a7 !re( & ins]t+ #bd7;d71 &  7,b7  

by /rik+ #fdbh;,b1 & #gebg;,a & ins]t+ &
 #fdbh;,b4  7#f7 ,p>agraph 7#b7 (       
section #acbd7;b7 ( title #ca1 ,unit$   
,/ates ,code1 is am5d$ by /rik+ #fdca1  
or #gebg;,a & ins]t+ or #fdca4  7d7     
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #abc4 ,increas$ limitation =     
c]ta9 *>itable contributions  7a7 ,9    
g5]al ,section #agj7;b77#a77;,g7 is     
am5d$ to read z foll[s3  7,g7 ,ca%      
contributions  7i7 ,9 g5]al ,any        
contribution ( ca% to an organization   
describ$ 9 subp>agraph 7,a7 %all be     
all[$ to ! ext5t t ! aggregate ( su*    
contributions does n exce$ #fj p]c5t ( !
 taxpay]'s contribution base = ! taxable
 ye>1 r$uc$ by ! aggregate am\nt (      
contributions all[able "u subp>agraph   
7,a7 = su* taxpay] = su* ye>4  7ii7     
,c>ryov] ,if ! aggregate am\nt (        
contributions describ$ 9 clause 7i7     
exce$s ! limitation ( clause 7i71 su*   
excess %all be treat$ 79 a mann]        

consi/5t ) ! rules ( subsection 7d77#a77
 z a *>itable contribution to :i* clause
 7i7 applies 9 ea* ( ! #e succe$+ ye>s 9
 ord] ( "t4  4  7b7 ,coord9ation )      
limitations on o!r contributions  7#a7  
,coord9ation ) #ej p]c5t limitation     
,section #agj7;b77#a77;,a7 is am5d$ by  
/rik+ ,any *>itable contribution &      
ins]t+ ,any *>itable contribution o!r   
?an a contribution describ$ 9           
subp>agraph 7,g74  7#b7 ,coord9ation )  
#cj p]c5t limitation ,section           
#agj7;b77#a77;,b7 is am5d$-- 7,a7 9 !   
matt] prec$+ clause 7i71 by /rik+ to :i*
 subp>agraph 7,a7 applies & ins]t+ to   
:i* subp>agraph 7,a7 or 7,g7 applies1   
7,b7 by am5d+ clause 7ii7 to read z     
foll[s3  7ii7 ! excess (-- 7,i7 ! sum ( 
#ej p]c5t ( ! taxpay]'s contribution    
base = ! taxable ye>1 plus s mu* ( !    
am\nt ( *>itable contributions all[able 
"u subp>agraph 7,g7 z does n exce$ #aj  
p]c5t ( su* contribution base1 ov]      
7,,ii7 ! am\nt ( *>itable contributions 
all[able "u subp>agraphs 7,a7 & 7,g7    

7det]m9$ )\t reg>d to subp>agraph 7,c774
  1 &  7,c7 9 ! matt] foll[+ clause     
7ii71 by /rik+ 7to :i* subp>agraph 7,a7 
does n apply7 & ins]t+ 7to :i* nei!r    
subp>agraph 7,a7 nor 7,g7 applies74  7c7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to contributions    
made 9 taxable ye>s beg9n+ aft] ! date (
 ! enactm5t ( ?is ,act4  #abd4 ,increas$
 contributions to ,,able acc\nts  7a7   
,increase 9 limitation = contributions f
 comp5sation ( individuals )            
disabilities ,section                   
#ebi;,a7b77#b77;,b77ii7 is am5d$ by     
/rik+ be=e ,janu>y #a1 #bjbf4  7b7      
,all[ance ( sav]'s cr$it = ,,able       
contributions by acc\nt hold] ,section  
#be;,b7d77#a77;,d7 is am5d$ by /rik+    
made be=e ,janu>y #a1 #bjbf14  7c7      
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #abe4 ,rollov]s to ,,able        
programs f #ebi programs  7a7 ,9 g5]al  
,section #ebi7;c77#c77;,c77i77,,iii7 is 

am5d$ by /rik+ be=e ,janu>y #a1 #bjbf14 
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to di/ributions  
aft] ! date ( ! enactm5t ( ?is ,act4    
#abf4 ,treatm5t ( c]ta9 individuals     
p]=m+ s]vices 9 ! ,s9ai ,p59sula (      
,egypt  7a7 ,9 g5]al ,section           
#aab7;c77#b7 is am5d$-- 7#a7 by /rik+   
means any area & ins]t+ means-- 7,a7 any
 area  1 &  7#b7 by /rik+ ! p]iod at !  
end & ins]t+ 1 & 7,b7 ! ,s9ai ,p59sula (
 ,egypt4  4  7b7 ,p]iod ( treatm5t      
,section #aab7;c77#c7 is am5d$-- 7#a7 by
 /rik+ only if p]=m$ & ins]t+ only if-- 
7,a7 9 ! case ( an area describ$ 9      
p>agraph 7#b77;,a71 su* s]vice is p]=m$ 
1 &  7#b7 by /rik+ ! p]iod at ! end &   
ins]t+ 1 & 7,b7 9 ! case ( ! area       
describ$ 9 p>agraph 7#b77;,b71 su*      
s]vice is p]=m$ dur+ any p]iod ) respect
 to :i* "o or m memb]s ( ! ,arm$ ,=ces (
 ! ,unit$ ,/ates are entitl$ to special 
pay "u section #caj ( title #cg1 ,unit$ 
,/ates ,code 7relat+ to special pay2    
duty subject to ho/ile fire or imm95t   

dang]71 = s]vice p]=m$ 9 su* area4  4   
7c7 ,con=m+ am5dm5t ,! ,tax ,cuts &     
,jobs ,act is am5d$ by /rik+ section    
#aajbf4  7d7 ,effective date ,! am5dm5ts
 made by ?is section %all apply )       
respect to s]vices p]=m$ on or aft] !   
date ( ! enactm5t ( ?is ,act4  ,d       
,education  #aca4 ,treatm5t ( /ud5t loan
 dis*>ges  7a7 ,sunset ( special rule = 
dis*>ges ( c]ta9 loans ,section         
#ajh7;f77#e7 is am5d$-- 7#a7 9 ! head+1 
by /rik+ #bjbe & ins]t+ #bjbc1 &  7#b7  
by /rik+ ,janu>y #a1 #bjbf & ins]t+     
,janu>y #a1 #bjbd4  7b7 ,re9/atem5t (   
rule = dis*>ges on acc\nt ( dea? or     
disability aft] #bjbc ,section #ajh7;f7 
is am5d$ by add+ at ! end ! foll[+ new  
p>agraph3  7#f7 ,dis*>ges on acc\nt (   
dea? or disability aft] #bjbc  7,a7 ,9  
g5]al ,9 ! case ( an individual1 gross  
income does n include any am\nt :i* 7b =
 ?is subsection7 w\ld be includible 9   
gross income = su* taxable ye> by       
reasons ( ! dis*>ge 79 :ole or 9 "p7 (  
any loan describ$ 9 subp>agraph 7,b7    

aft] ,decemb] #ca1 #bjbc1 if su* dis*>ge
 0-- 7i7 pursuant to subsection 7a7 or  
7d7 ( section #dcg ( ! ,high] ,education
 ,act ( #aife or ! p>allel b5efit "u "p 
,d ( title ,,iv ( su* ,act 7relat+ to ! 
repaym5t ( loan liability71  7ii7       
pursuant to section #dfd7;c77#a77;,f7 ( 
su* ,act1 or  7iii7 o!rwise dis*>g$ on  
acc\nt ( ! dea? or total & p]man5t      
disability ( ! /ud5t4  7,b7 ,loans      
describ$ ,a loan is describ$ 9 ?is      
subp>agraph if su* loan is-- 7i7 a /ud5t
 loan 7z def9$ 9 p>agraph 7#b771 or     
7ii7 a private education loan 7z def9$ 9
 section #adj7g7 ( ! ,consum] ,cr$it    
,protection ,act 7#ae ,u4,s4,c4         
#afej7g7774  4  7c7 ,effective date ,!  
am5dm5ts made by ?is section %all apply 
to dis*>ges ( indebt$ness aft] ,decemb] 
#ca1 #bjbc4  #acb4 #ebi acc\nt fund+ =  
homes*ool & additional elem5t>y &       
second>y exp5ses  7a7 ,9 g5]al ,section 
#ebi7;c77#g7 ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ to read z foll[s3  7#g7
 ,treatm5t ( elem5t>y & second>y tuition

 ,any ref]5ce 9 ?is section to ! t]m    
qualifi$ high] education exp5se %all    
include a ref]5ce to ! foll[+ exp5ses 9 
connection ) enrollm5t or att5dance at1 
or = /ud5ts enroll$ at or att5d+1 an    
elem5t>y or second>y public1 private1 or
 religi\s s*ool3 7,a7 ,tuition4  7,b7   
,curriculum & curricul> mat]ials4  7,c7 
,books or o!r in/ructional mat]ials4    
7,d7 ,onl9e educational mat]ials4  7,e7 
,tuition = tutor+ or educational classes
 outside ( ! home1 includ+ at a tutor+  
facility1 b only if ! tutor or in/ructor
 is n relat$ to ! /ud5t &-- 7i7 is      
lic5s$ z a tea*] 9 any ,/ate1  7ii7 has 
taught at an eligible educational       
in/itution1 or  7iii7 is a subject matt]
 exp]t 9 ! relevant subject4  7,f7 ,fees
 = a nationally /&>diz$ norm-ref]5c$    
a*ievem5t te/1 an advanc$ placem5t      
exam9ation1 or any exam9ations relat$ to
 college or univ]sity admission4  7,g7  
,fees = dual enrollm5t 9 an in/itution (
 high] education4  7,h7 ,educational    
!rapies = /ud5ts ) disabilities provid$ 

by a lic5s$ or accr$it$ practition] or  
provid]1 includ+ occupational1          
behavioral1 physical1 & spee*-language  
!rapies4  ,su* t]m %all include exp5ses 
= ! purposes describ$ 9 subp>agraphs    
7,a7 ?r\gh 7,h7 9 connection ) a        
homes*ool 7:e!r treat$ z a homes*ool or 
a private s*ool = purposes ( applicable 
,/ate law74  4  7b7 ,effective date ,!  
am5dm5t made by ?is section %all apply  
to di/ributions made aft] ! date ( !    
enactm5t ( ?is ,act4  ,e ,d$uctions &   
exclusions  #ada4 ,repeal ( d$uction =  
p]sonal exemptions  7a7 ,9 g5]al ,"p ,v 
( sub*apt] ,b ( *apt] #a is h]eby       
repeal$4  7b7 ,def9ition ( dep5d5t      
reta9$ ,section #aeb1 prior to ! repeal 
made by subsection 7a71 is h]eby        
r$esignat$ z section #ggjf & mov$ to !  
end ( *apt] #gi4  7c7 ,application to   
tru/s & e/ates ,section #fdb7;b7 is     
am5d$-- 7#a7 9 p>agraph 7#b77;,c7-- 7,a7
 9 clause 7i71 by /rik+ ! exemption     
am\nt "u section #aea7;d7 & all t foll[s
 ?r\gh ! p]iod at ! end & ins]t+ ! doll>

 am\nt 9 effect "u section              
#ggjf7;d77#a77;,b741 &  7,b7 by /rik+   
clause 7iii71  7#b7 by /rik+ p>agraph   
7#c71 &  7#c7 by /rik+ ,d$uction ,=     
,p]sonal ,exemption 9 ! head+ !re( &    
ins]t+ ,basic ,d$uction4  7d7           
,application to nonresid5t ali5s        
,section #hgc7;b7 is am5d$ by /rik+     
p>agraph 7#c74  7e7 ,modification (     
return requirem5t  7#a7 ,9 g5]al        
,section #fjab7;a77#a7 is am5d$ to read 
z foll[s3  7#a7 ,e individual :o has    
gross income = ! taxable ye>1 except t a
 return %all n be requir$ (-- 7,a7 an   
individual :o is n m>ri$ 7det]m9$ by    
apply+ section #ggjc7 & :o has gross    
income = ! taxable ye> :i* does n exce$ 
! /&>d d$uction applicable to su*       
individual = su* taxable ye> "u section 
#fc1 or  7,b7 an individual entitl$ to  
make a jo9t return if-- 7i7 ! gross     
income ( su* individual1 :5 comb9$ ) !  
gross income ( su* individual's sp\se1 =
 ! taxable ye> does n exce$ ! /&>d      
d$uction :i* w\ld be applicable = su*   

taxable ye> "u section #fc if su*       
individual & su* individual's sp\se made
 a jo9t return1  7ii7 su* individual's  
sp\se does n make a sep>ate return1 &   
7iii7 nei!r su* individual nor su*      
individual's sp\se is an individual     
describ$ 9 section #fc7;c77#d7 :o has   
income 7o!r ?an e>n$ income7 9 excess ( 
! am\nt 9 effect "u section             
#fc7;c77#d77;,a74  4  7#b7 ,bankruptcy  
e/ates ,section #fjab7;a77#h7 is am5d$  
by /rik+ ! sum ( ! exemption am\nt plus 
! basic /&>d d$uction "u section        
#fc7;c77#b77;,c7 & ins]t+ ! /&>d        
d$uction 9 effect "u section            
#fc7;c77#a77;,b74  7#c7 ,con=m+ am5dm5t 
,section #fjab is am5d$ by /rik+        
subsection 7f74  7f7 ,con=m+ am5dm5ts   
7#a7 ,section #a7;g77#e77;,a7 is am5d$  
by /rik+ section #aeb7;e7 & ins]t+      
section #ggjf7;e74  7#b7 ,section       
#b7;a77#a77;,b7 is am5d$-- 7,a7 by /rik+
 section #aeb & ins]t+ section #ggjf1 & 
7,b7 by /rik+ ) respect to :om ! taxpay]
 is entitl$ to a d$uction = ! taxable   

ye> "u section #aea & ins]t+ ^: ,,t9 is 
includ$ on ! taxpay]'s return ( tax = ! 
taxable ye>4  7#c7 ,section             
#b7;b77#a77;,a77i7 is am5d$-- 7,a7 9 !  
matt] prec$+ subclause 7,i7-- 7i7 by    
/rik+ section #aeb7;c7 & ins]t+ section 
#ggjf7;c71 &  7ii7 by /rik+ section     
#aeb7;e7 & ins]t+ section #ggjf7;e71 &  
7,b7 9 subclause 7,,ii71 by /rik+       
section #aeb7;b77#b7 or #aeb7;b77#c7 &  
ins]t+ section #ggjf7;b77#b7 or         
#ggjf7;b77#c74  7#d7 ,section           
#b7;b77#a77;,a77ii7 is am5d$ by /rik+ if
 ! taxpay] is entitl$ to a d$uction = ! 
taxable ye> = su* p]son "u section #aea 
& ins]t+ if ! taxpay] includ$ su*       
p]son's ,,t9 on ! return ( tax = !      
taxable ye>4  7#e7 ,section             
#b7;b77#a77;,b7 is am5d$ by /rik+ if !  
taxpay] is entitl$ to a d$uction = !    
taxable ye> = su* fa!r or "m "u section 
#aea & ins]t+ if su* fa!r or "m is a    
dep5d5t ( ! taxpay] & ! taxpay] includ$ 
su* fa!r or "m's ,,t9 on ! return ( tax 
= ! taxable ye>4  7#f7 ,section         

#b7;b77#c77;,b7 is am5d$-- 7,a7 by /rik+
 section #aeb7;d77#b7 9 clause 7i7 &    
ins]t+ section #ggjf7;d77#b71 &  7,b7 by
 /rik+ section #aeb7;d7 9 clause 7ii7 & 
ins]t+ section #ggjf7;d74  7#g7 ,section
 #ba7;b77#a77;,a7 is am5d$ by /rik+     
section #aeb7;a77#a7 & ins]t+ section   
#ggjf7;a77#a74  7#h7 ,section           
#ba7;b77#a77;,b7 is am5d$ by /rik+      
section #aeb & ins]t+ section #ggjf4    
7#i7 ,section #ba7;e77#e77;,a7 is am5d$ 
by /rik+ section #aeb7;e7 & ins]t+      
section #ggjf7;e74  7#aj7 ,section      
#ba7;e77#e7 is am5d$ by /rik+ section   
#aeb7;e77#d77;,a7 9 ! matt] foll[+      
subp>agraph 7,b7 & ins]t+ section       
#ggjf7;e77#d77;,a74  7#aa7 ,section     
#ba7;e77#f77;,a7 is am5d$ to read z     
foll[s3  7,a7 :o is a dep5d5t ( ei!r !  
taxpay] or ! taxpay]'s sp\se = ! taxable
 ye>1 or  4  7#ab7 ,section             
#ba7;e77#f77;,b7 is am5d$ by /rik+      
section #aeb7;f77#a7 & ins]t+ section   
#ggjf7;f77#a74  7#ac7 ,section          
#be;,a7f77#a77;,a77iii7 is am5d$ by     

/rik+ ) respect to :om ! taxpay] is     
all[$ a d$uction "u section #aea4  7#ad7
 ,section #be;,a7g77#c7 is am5d$ by     
/rik+ ,if a d$uction "u section #aea )  
respect to an individual is all[$ to    
ano!r taxpay] & ins]t+ ,if an individual
 is a dep5d5t ( ano!r taxpay]4  7#ae7   
,section #be;,b7c77#b77;,a7 is am5d$ by 
/rik+ any individual ) respect to :om a 
d$uction "u section #aea is all[$ to    
ano!r taxpay] & ins]t+ any individual :o
 is a dep5d5t ( ano!r taxpay]4  7#af7   
,section #be;,b7c77#b77;,b7 is am5d$ by 
/rik+ section #aeb7;f77#b7 & ins]t+     
section #ggjf7;f77#b74  7#ag7 ,section  
#cb7;c77#a77;,a77ii77,,iii7 is am5d$ by 
/rik+ a dep5d5t = :om a d$uction is     
all[able "u section #aea to ano!r       
taxpay] & ins]t+ a dep5d5t ( ano!r      
taxpay]4  7#ah7 ,section #cb7;c77#c7 is 
am5d$-- 7,a7 9 subp>agraph 7,a7-- 7i7 by
 /rik+ section #aeb7;c7 & ins]t+ section
 #ggjf7;c71 &  7ii7 by /rik+ section    
#aeb7;e7 & ins]t+ section #ggjf7;e71    
7,b7 9 subp>agraph 7,b71 by /rik+ unless

 ! taxpay] is entitl$ to a d$uction "u  
section #aea = su* taxable ye> ) respect
 to su* individual 7or w\ld be s entitl$
 b = section #aeb7;e7 & ins]t+ if su*   
individual is n treat$ z a dep5d5t ( su*
 taxpay] = su* taxable ye> by reason (  
section #ggjf7;b77#b7 7det]m9$ )\t reg>d
 to section #ggjf7;e771 &  7,c7 9       
subp>agraph 7,c71 by /rik+ section      
#aeb7;c77#a77;,b7 & ins]t+ section      
#ggjf7;c77#a77;,b74  7#ai7 ,section     
#ce7;d77#a77;,b7 is am5d$ by /rik+ )    
respect to :om ! taxpay] is entitl$ to a
 d$uction "u section #aea7;c7 & ins]t+  
if ! taxpay] includ$ su* p]son's ,,t9 on
 ! return ( tax = ! taxable ye>4  7#bj7 
,section #ce7;d77#b7 is am5d$-- 7,a7 by 
/rik+ section #aeb7;e7 & ins]t+ section 
#ggjf7;e71 &  7,b7 by /rik+ section     
#aeb7;e77#d77;,a7 & ins]t+ section      
#ggjf7;e77#d77;,a74  7#ba7 ,section     
#cf;,b7b77#b77;,a7 is am5d$ by /rik+    
section #aeb & ins]t+ section #ggjf4    
7#bb7 ,section #cf;,b7b77#c77;,b7 is    
am5d$-- 7,a7 9 clause 7ii77,i77aa71 by  

/rik+ :o is n all[$ a d$uction "u       
section #aea = ! taxable ye> ) respect  
to a dep5d5t & ins]t+ :o does n h any   
dep5d5ts = ! taxable ye>1 &  7,b7 9 !   
flu% matt] at ! end1 by /rik+ unless a  
d$uction is all[$ "u section #aea = !   
taxable ye> ) respect to a dep5d5t &    
ins]t+ unless ! taxpay] has a dep5d5t = 
! taxable ye> 7& ! taxpay] includ$ su*  
dep5d5t's ,,t9 on ! return ( tax = !    
taxable ye>74  7#bc7 ,section           
#cf;,b7c77#a77;,d7 is am5d$ by /rik+ )  
respect to :om a d$uction "u section    
#aea is all[able to ano!r taxpay] &     
ins]t+ :o is a dep5d5t ( ano!r taxpay]4 
7#bd7 ,section #cf;,b7d77#a7 is am5d$ by
 /rik+ equal to ! numb] ( individuals = 
:om ! taxpay] is all[$ a d$uction "u    
section #aea 7relat+ to all[ance (      
d$uction = p]sonal exemptions7 = !      
taxable ye> & ins]t+ ! sum ( #a 7#b 9 ! 
case ( a jo9t return7 plus ! numb] (    
individuals :o are dep5d5ts ( ! taxpay] 
= ! taxable ye>4  7#be7 ,section        
#cf;,b7e77#a7 is am5d$ by /rik+ #a or m 

individuals = :om a taxpay] is all[$ a  
d$uction "u section #aea 7relat+ to     
all[ance ( d$uction = p]sonal           
exemptions7 = ! taxable ye> 7includ+ !  
taxpay] or 8 sp\se7 & ins]t+ #a or m ( !
 taxpay]1 ! taxpay]'s sp\se1 or any     
dep5d5t ( ! taxpay]4  7#bf7 ,section    
#db7;i77#c77;,d77ii77,i7 is am5d$ by    
/rik+ section #aeb & ins]t+ section     
#ggjf4  7#bg7 ,section                  
#de,r7e77#a77;,a77iv7 is am5d$-- 7,a7 by
 /rik+ section #aeb7;d77#b7 & ins]t+    
section #ggjf7;d77#b71 &  7,b7 by /rik+ 
section #aeb7;d77#b77;,h7 & ins]t+      
section #ggjf7;d77#b77;,h74  7#bh7      
,section #ea7;i77#a7 is am5d$-- 7,a7 by 
/rik+ section #aeb7;d77#b7 9            
subp>agraphs 7,a7 & 7,b7 & ins]t+       
section #ggjf7;d77#b71 &  7,b7 by /rik+ 
section #aeb7;d77#b77;,h7 9 subp>agraph 
7,c7 & ins]t+ section                   
#ggjf7;d77#b77;,h74  7#bi7 ,section     
#ef7;b77#a77;,d7 is am5d$-- 7,a7 by     
/rik+ 1 ! d$uction = p]sonal exemptions 
"u section #aea11 &  7,b7 by /rik+ &    

d$uction = p]sonal exemptions 9 ! head+ 
!re(4  7#cj7 ,section #fc7;b7 is am5d$  
by add+ & at ! end ( p>agraph 7#a71 by  
/rik+ p>agraph 7#b71 & by r$esignat+    
p>agraph 7#c7 z p>agraph 7#b74  7#ca7   
,section #fc7;c71 z am5d$ by section    
#aba1 is am5d$ by /rik+ p>agraph 7#c7 & 
r$esignat+ p>agraphs 7#d71 7#e71 & 7#f7 
z p>agraphs 7#c71 7#d71 & 7#e71         
respectively4  7#cb7 ,section           
#fc7;c77#d71 z r$esignat$1 is am5d$--   
7,a7 by /rik+ ) respect to :om a        
d$uction "u section #aea is all[able to 
& ins]t+ :o is a dep5d5t (1 &  7,b7 by  
/rik+ c]ta9 9 ! head+ !re(4  7#cc7      
,section #fc7;f7 is am5d$ by /rik+ all t
 prec$es p>agraph 7#c7 & ins]t+ !       
foll[+3  7f7 ,additional /&>d d$uction =
 ! ag$ & bl9d  7#a7 ,9 g5]al ,= purposes
 ( subsection 7c77#a71 ! additional /&>d
 d$uction is1 ) respect to a taxpay] = a
 taxable ye>1 ! sum (-- 7,a7 #fjj if !  
taxpay] has atta9$ age #fe be=e ! close 
( su* taxable ye>1 &  7,b7 #fjj if !    
taxpay] is bl9d z ( ! close ( su*       

taxable ye>4  7#b7 ,application to m>ri$
 individuals  7,a7 ,jo9t returns ,9 !   
case ( a jo9t return1 p>agraph 7#a7 %all
 be appli$ sep>ately ) respect to ea*   
sp\se4  7,b7 ,c]ta9 m>ri$ individuals   
fil+ sep>ately ,9 ! case ( a m>ri$      
individual fil+ a sep>ate return1 if--  
7i7 ! sp\se ( su* individual has no     
gross income = ! cal5d> ye> 9 :i* !     
taxable ye> ( su* individual beg9s1     
7ii7 su* sp\se is n ! dep5d5t ( ano!r   
taxpay] = a taxable ye> beg9n+ 9 !      
cal5d> ye> 9 :i* su* individual's       
taxable ye> beg9s1 &  7iii7 ! ,,t9 ( su*
 sp\se is includ$ on su* individual's   
return ( tax = ! taxable ye>1  !        
additional /&>d d$uction %all be det]m9$
 9 ! same mann] z if su* individual &   
su* individual's sp\se fil$ a jo9t      
return4  4  7#cd7 ,section #fc7;f77#c7  
is am5d$ by /rik+ p>agraphs 7#a7 & 7#b7 
& ins]t+ subp>agraphs 7,a7 & 7,b7 (     
p>agraph 7#a74  7#ce7 ,section          
#gb7t77#b77;,d77i77,,iii7 is am5d$ by   
/rik+ section #aeb & ins]t+ section     

#ggjf4  7#cf7 ,section                  
#gb7t77#g77;,a77iii7 is am5d$ by /rik+  
section #aeb7;f77#a7 & ins]t+ section   
#ggjf7;f77#a74  7#cg7 ,section #aje7;b7 
is am5d$-- 7,a7 by /rik+ z def9$ 9      
section #aeb & ins]t+ z def9$ 9 section 
#ggjf1  7,b7 by /rik+ section           
#aeb7;f77#a7 & ins]t+ section           
#ggjf7;f77#a71 &  7,c7 by /rik+ section 
#aeb7;e7 & ins]t+ section #ggjf7;e74    
7#ch7 ,section #aje7;c77#a7 is am5d$ by 
/rik+ section #aeb & ins]t+ section     
#ggjf4  7#ci7 ,section #abe7;e77#a77;,d7
 is am5d$ by /rik+ section #aeb & ins]t+
 section #ggjf4  7#dj7 ,section         
#abi7;c77#a7 is am5d$ to read z foll[s3 
7#a7 :o is a dep5d5t ( su* employee or (
 su* employee's sp\se1 or  4  7#da7     
,section #abi7;c77#b7 is am5d$ by /rik+ 
section #aeb7;f77#a7 & ins]t+ section   
#ggjf7;f77#a74  7#db7 ,section          
#acb7;h77#b77;,b7 is am5d$-- 7,a7 by    
/rik+ section #aeb7;f77#a7 & ins]t+     
section #ggjf7;f77#a71 &  7,b7 by /rik+ 
section #aeb7;e7 & ins]t+ section       

#ggjf7;e74  7#dc7 ,section              
#aci;,d7c77#e7 is am5d$ by /rik+ section
 #aeb & ins]t+ section #ggjf4  7#dd7    
,section #aci;,e7c77#b7 is am5d$ by     
/rik+ section #aeb & ins]t+ section     
#ggjf4  7#de7 ,section #afb7l77#a77;,d7 
is am5d$ by /rik+ section #aeb7;f77#a7 &
 ins]t+ section #ggjf7;f77#a74  7#df7   
,section #agj7;g77#a7 is am5d$ by /rik+ 
section #aeb & ins]t+ section #ggjf4    
7#dg7 ,section #agj7;g77#c7 is am5d$ by 
/rik+ section #aeb7;d77#b7 & ins]t+     
section #ggjf7;d77#b74  7#dh7 ,section  
#agb7;d7 is am5d$ by /rik+ p>agraph     
7#c74  7#di7 ,section #bac7;a7 is am5d$ 
by /rik+ section #aeb & ins]t+ section  
#ggjf4  7#ej7 ,section #bac7;d77#e7 is  
am5d$ by /rik+ section #aeb7;e7 & ins]t+
 section #ggjf7;e74  7#ea7 ,section     
#bac7;d77#aa7 is am5d$ by /rik+ section 
#aeb7;d77#b7 9 ! matt] foll[+           
subp>agraph 7,b7 & ins]t+ section       
#ggjf7;d77#b74  7#eb7 ,section          
#bbj7;b77#f7 is am5d$ by /rik+ ) respect
 to :om a d$uction "u section #aea is   

all[able to & ins]t+ :o is a dep5d5t (4 
7#ec7 ,section #bbj7;d77#b77;,a7 is     
am5d$ by /rik+ section #aeb & ins]t+    
section #ggjf4  7#ed7 ,section          
#bba7;d77#d7 is am5d$ by /rik+ section  
#aeb & ins]t+ section #ggjf4  7#ee7     
,section #bbc7;b77#f7 is am5d$ by /rik+ 
) respect to :om a d$uction "u section  
#aea is all[able to & ins]t+ :o is a    
dep5d5t (4  7#ef7 ,section              
#bbc7;d77#b77;,a7 is am5d$ by /rik+     
section #aeb & ins]t+ section #ggjf4    
7#eg7 ,section #dja7;h7 is am5d$ by     
/rik+ section #aeb7;f77#a7 9 ! la/      
s5t5ce & ins]t+ section #ggjf7;f77#a74  
7#eh7 ,section #djb7l77#d77;,d7 is am5d$
 by /rik+ section #aeb & ins]t+ section 
#ggjf4  7#ei7 ,section                  
#dji;,a7a77#b77;,b77ii77,i7 is am5d$ by 
/rik+ section #aeb7;a7 & ins]t+ section 
#ggjf7;a74  7#fj7 ,section              
#dda7;f77#b77;,b77iii7 is am5d$ by /rik+
 1 b only ! adju/$ am\nt ( ! d$uctions =
 p]sonal exemptions z describ$ 9 section
 #ddc7;c74  7#fa7 ,section #ddc is      

am5d$-- 7,a7 9 subsection 7b7-- 7i7 by  
/rik+ p>agraph 7#c71 &  7ii7 by /rik+   
modifi$ taxable income & ins]t+ taxable 
income ea* place su* t]m appe>s1  7,b7  
by /rik+ subsection 7c71 &  7,c7 by     
r$esignat+ subsections 7d7 & 7e7 z      
subsections 7c7 & 7d71 respectively4    
7#fb7 ,section #eja7;c77#i7 is am5d$ by 
/rik+ section #aeb7;f77#a7 & ins]t+     
section #ggjf7;f77#a74  7#fc7 ,section  
#ebi7;e77#b77;,b7 is am5d$ by /rik+     
section #aeb7;d77#b7 & ins]t+ section   
#ggjf7;d77#b74  7#fd7 ,section          
#ebi;,a7e77#d7 is am5d$-- 7,a7 by /rik+ 
section #aeb7;d77#b77;,b7 & ins]t+      
section #ggjf7;d77#b77;,b71 &  7,b7 by  
/rik+ section #aeb7;f77#a77;,b7 & ins]t+
 section #ggjf7;f77#a77;,b74  7#fe7     
,section #fdc7;a77#b7 is am5d$-- 7,a7 by
 /rik+ 7relat+ to d$uction = p]sonal    
exemptions7 & ins]t+ 7relat+ to basic   
d$uction71 &  7,b7 by /rik+ ,d$uction = 
p]sonal exemption 9 ! head+ !re( &      
ins]t+ ,basic d$uction4  7#ff7 ,section 
#gjc7;a77#b7 is am5d$ by /rik+          

subp>agraph 7,a7 & by r$esignat+        
subp>agraphs 7,b7 ?r\gh 7,f7 z          
subp>agraphs 7,a7 ?r\gh 7,e71           
respectively4  7#fg7 ,section #hgd is   
am5d$ by /rik+ subsection 7b7 & by      
r$esignat+ subsection 7c7 z subsection  
7b74  7#fh7 ,section #hia is am5d$ by   
/rik+ "u section #aea &4  7#fi7 ,section
 #ijd7;b77#a7 is am5d$ to read z foll[s3
  7#a7 ,d$uction = e/ates & tru/s ,=    
purposes ( subsection 7a71 ! taxable    
income ( an e/ate or tru/ %all be       
comput$ )\t any d$uction "u section     
#fdb7;b74  4  7#gj7 ,section            
#ica7;b77#a7 is am5d$ to read z foll[s3 
7#a7 any d$uction f gross income1 or  4 
7#ga7 ,section #icc is am5d$-- 7,a7 by  
/rik+ z a d$uction f 8 gross income any 
d$uctions 7o!r ?an ! d$uction "u section
 #aea1 relat+ to p]sonal exemptions7 9  
p>agraph 7#a7 & ins]t+ any d$uction f   
gross income1 &  7,b7 by /rik+ z a      
d$uction f 8 gross income any d$uctions 
7o!r ?an ! d$uction = p]sonal exemptions
 "u section #aea7 9 p>agraph 7#b7 &     

ins]t+ any d$uction f gross income4     
7#gb7 ,section #abab7;b77#b77;,b77ii7 is
 am5d$ to read z foll[s3  7ii7 9 ! case 
( an e/ate or tru/1 ! d$uction all[$ =  
su* ye> "u section #fdb7;b74  4  7#gc7  
,section #acfa7;c77#a77;,c7 is am5d$ by 
/rik+ section #aeb7;f77#a77;,c7 & ins]t+
 section #ggjf7;f77#a77;,c74  7#gd7     
,section #adjb7;a7 is am5d$ by /rik+    
p>agraph 7#g74  7#ge7 ,section          
#bjcb;,a7c77#g77;,d7 is am5d$ by /rik+  
section #aeb7;f77#b7 & ins]t+ section   
#ggjf7;f77#b74  7#gf7 ,section          
#cdjb7;f77#a77;,a7 is am5d$ by /rik+ =  
:om a d$uction is all[able ) respect to 
ano!r taxpay] "u section #aea & ins]t+  
:o is a dep5d5t ( ano!r taxpay]4  7#gg7 
,section #cdjb7m77#a7 is am5d$ by /rik+ 
o!r ?an ! d$uctions ref]r$ to 9 section 
#aea &4  7#gh7 ,section #cdjb7m77#c7 is 
am5d$ by /rik+ section #fc7;c77#c7 &    
ins]t+ section #fc7;f74  7#gi7 ,section 
#cdjb7r77#b7 is am5d$ by /rik+ ! sum (--
 & all t foll[s & ins]t+ ! basic /&>d   
d$uction 7z def9$ 9 section #fc7;c77 =  

an individual to :om section            
#fc7;c77#b77;,c7 applies44  7#hj7       
,section #ejjj;,a7b77#c77;,a7 is am5d$  
by /rik+ section #aeb & ins]t+ section  
#ggjf4  7#ha7 ,section                  
#ejjj;,a7c77#d77;,a7 is am5d$ by /rik+ !
 numb] ( individuals = :om ! taxpay] is 
all[$ a d$uction "u section #aea 7relat+
 to all[ance ( d$uction = p]sonal       
exemptions7 = ! taxable ye> & ins]t+ !  
sum ( #a 7#b 9 ! case ( a jo9t return7  
plus ! numb] ( ! taxpay]'s dep5d5ts = ! 
taxable ye>4  7#hb7 ,section            
#fjac7;b77#c77;,a7 is am5d$-- 7,a7 by   
/rik+ _h less ?an ! exemption am\nt (   
gross income 9 clause 7ii7 & ins]t+ _h  
no gross income1  7,b7 by /rik+ _h gross
 income ( ! exemption am\nt or m 9      
clause 7iii7 & ins]t+ _h any gross      
income1 &  7,c7 by /rik+ ! flu% language
 foll[+ clause 7iii74  7#hc7 ,section   
#fjad7;a7 is am5d$ by /rik+ section     
#fjab7;a77#a77;,c77i7 & ins]t+ section  
#fjab7;a77#a77;,b77iii74  7#hd7 ,section
 #fjad7;b77#d7 is am5d$ by /rik+        

#fc7;c77#e7 & ins]t+ #fc7;c77#d74  7#he7
 ,section #fajc7l77#ac7 is am5d$-- 7,a7 
9 subp>agraph 7,a71 by /rik+ clause 7iv7
 & r$esignat+ clauses 7v7 & 7vi7 z      
clauses 7iv7 & 7v71 respectively1 &     
7,b7 9 subp>agraph 7,c77i71 by /rik+    
clauses 7i7 ?r\gh 7iv7 & ins]t+ clauses 
7i7 ?r\gh 7iii74  7#hf7 ,section        
#fajc7l77#ba77;,a77iii7 is am5d$ to read
 z foll[s3  7iii7 ! numb] ( ! taxpay]'s 
dep5d5ts1  4  7#hg7 ,section            
#fbac7;g77#b77;,h7 is am5d$ by /rik+    
section #ba 7relat+ to exp5ses =        
h\sehold & dep5d5t c>e s]vices necess>y 
= ga9ful employm5t7 or section #aea     
7relat+ to all[ance ( d$uctions =       
p]sonal exemptions7 & ins]t+ subsection 
7a77#a77;,b71 7b77#a77;,a77ii71 or      
7b77#a77;,b7 ( section #b or section    
#ba1 #ce7;d77#a77;,b71                  
#cf;,b7b77#c77;,b71 or #fc7;f77#b77;,b74
  7#hh7 ,section #fccd7;d7 is am5d$--   
7,a7 by am5d+ p>agraph 7#b7 to read z   
foll[s3  7#b7 ,exempt am\nt  7,a7 ,9    
g5]al ,= purposes ( p>agraph 7#a71 ! t]m

 exempt am\nt means an am\nt equal to-- 
7i7 ! sum ( ! am\nt det]m9$ "u          
subp>agraph 7,b7 & ! /&>d d$uction1     
divid$ by  7ii7 #eb4  7,b7 ,am\nt       
det]m9$ ,= purposes ( subp>agraph 7,a71 
! am\nt det]m9$ "u ?is subp>agraph is-- 
7i7 ! doll> am\nt 9 effect "u section   
#ggjf7;d77#a77;,b71 multipli$ by  7ii7 !
 numb] ( ! taxpay]'s dep5d5ts = !       
taxable ye> 9 :i* ! levy occurs4  7,c7  
,v]ifi$ /atem5t ,unless ! taxpay]       
submits to ! ,secret>y a writt5 &       
prop]ly v]ifi$ /atem5t specify+ ! facts 
necess>y to det]m9e ! prop] am\nt "u    
subp>agraph 7,a71 subp>agraph 7,a7 %all 
be appli$ z if ! taxpay] 7 a m>ri$      
individual fil+ a sep>ate return ) no   
dep5d5ts4  1 &  7,b7 by /rik+ p>agraph  
7#d74  7#hi7 ,section                   
#ggjb;,b7f77#b77;,c77iii7 is am5d$ by   
/rik+ section #aeb7;d77#b7 & ins]t+     
section #ggjf7;d77#b74  7#ij7 ,section  
#ggjc7;a7 is am5d$ by /rik+ "p ,v (     
sub*apt] ,b ( *apt] #a &4  7#ia7        
,section #ggjc7;b77#a7 is am5d$ by /rik+

 section #aeb7;f77#a77 & all t foll[s & 
ins]t+ section #ggjf7;f77#a77 :o is a   
dep5d5t ( su* individual = ! taxable ye>
 7or w\ld be b = section #ggjf7;e7714   
7#ib7 ,section #ggjf7;a71 z r$esignat$  
by ?is section1 is am5d$ by /rik+ ?is   
subtitle & ins]t+ ?is title4  7#ic7 7,a7
 ,section #ggjf7;d77#a77;,b71 z         
r$esignat$ by ?is section1 is am5d$ by  
/rik+ ! exemption am\nt 7z def9$ 9      
section #aea7;d77 & ins]t+ #d1aej4  7,b7
 ,section #ggjf7;d71 z r$esignat$ by ?is
 section1 is am5d$ by add+ at ! end !   
foll[+ new p>agraph3  7#f7 ,inflation   
adju/m5t ,! #d1aej am\nt 9 p>agraph     
7#a77;,b7 %all be increas$ by an am\nt  
equal to-- 7,a7 su* doll> am\nt1        
multipli$ by  7,b7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section #a7;f77#c7 = !      
cal5d> ye> 9 :i* su* taxable ye> beg9s1 
det]m9$ by sub/itut+ cal5d> ye> #bjag = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  ,if any increase det]m9$ "u !    
prec$+ s5t5ce is n a multiple ( #ej1 su*
 increase %all be r\nd$ to ! next l[e/  

multiple ( #ej4  4  7#id7 ,section      
#ggjf7;e77#c71 z r$esignat$ by ?is      
section1 is am5d$ by ins]t+ 7z 9 effect 
be=e its repeal7 aft] section #aea4     
7#ie7 ,section #ggjf7;f77#f77;,b71 z    
r$esignat$ by ?is section1 is am5d$ by  
/rik+ clause 7i7 & designat+ clauses    
7ii71 7iii71 & 7iv7 z clauses 7i71 7ii71
 & 7iii71 respectively4  7#if7 ,! table 
( p>ts = sub*apt] ,b ( *apt] #a is am5d$
 by /rik+ ! item relat+ to "p ,v4  7#ig7
 ,! table ( sections = *apt] #gi is     
am5d$ by add+ at ! end ! foll[+ new     
item3  ,sec4 #ggjf4 ,dep5d5t def9$4  4  
7g7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #adb4 ,limitation on d$uction =  
,/ate & local1 etc41 taxes  7a7 ,9 g5]al
 ,section #afd7;b77#f7 is am5d$ by /rik+
 all t prec$es ,! prec$+ s5t5ce & ins]t+
 ! foll[+3  7#f7 ,limitation on         
individual d$uctions ,9 ! case ( an     
individual-- 7,a7 no d$uction %all be   
all[$ "u ?is *apt] = =eign real prop]ty 

taxes paid or accru$ dur+ ! taxable ye>1
 &  7,b7 ! aggregate am\nt ( ! d$uction 
all[$ "u ?is *apt] = taxes describ$ 9   
p>agraphs 7#a71 7#b71 & 7#c7 (          
subsection 7a7 & p>agraph 7#e7 ( ?is    
subsection 7& any tax describ$ 9 any su*
 p>agraph tak5 into acc\nt "u section   
#baf7;a77#a77 paid or accru$ by !       
taxpay] dur+ ! taxable ye> %all n exce$ 
#aj1jjj 7#e1jjj 9 ! case ( a m>ri$      
individual fil+ a sep>ate return74  4   
7b7 ,effective date ,! am5dm5t made by  
?is section %all apply to taxable ye>s  
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #adc4 ,limitation on d$uction =  
qualifi$ resid5ce int]e/  7a7 ,int]e/ on
 home equity indebt$ness ,section       
#afc7;h77#c77;,a7 is am5d$ by /rik+ dur+
 ! taxable ye> on & all t foll[s ?r\gh  
resid5ce ( ! taxpay]4 & ins]t+ dur+ !   
taxable ye> on acquisition indebt$ness )
 respect to any qualifi$ resid5ce ( !   
taxpay]44  7b7 ,limitation on           
acquisition indebt$ness ,section        
#afc7;h77#c77;,b77ii7 is am5d$ to read z

 foll[s3  7ii7 ,limitation ,! aggregate 
am\nt treat$ z acquisition indebt$ness =
 any p]iod %all n exce$ ! excess 7if    
any7 (-- 7,i7 #gej1jjj 7#cge1jjj1 9 !   
case ( a m>ri$ individual fil+ a sep>ate
 return71 ov]  7,,ii7 ! sum ( !         
aggregate out/&+ pre-,octob] #ac1 #aihg1
 indebt$ness 7z def9$ 9 subp>agraph     
7,d77 plus ! aggregate out/&+           
pre-,decemb] #ae1 #bjag1 indebt$ness 7z 
def9$ 9 subp>agraph 7,c774  4  7c7      
,treatm5t ( indebt$ness incurr$ on or   
be=e ,decemb] #ae1 #bjag ,section       
#afc7;h77#c77;,c7 is am5d$ to read z    
foll[s3  7,c7 ,treatm5t ( indebt$ness   
incurr$ on or be=e ,decemb] #ae1 #bjag  
7i7 ,9 g5]al ,9 ! case ( any            
pre-,decemb] #ae1 #bjag1 indebt$ness1   
subp>agraph 7,b77ii7 %all n apply & !   
aggregate am\nt ( su* indebt$ness treat$
 z acquisition indebt$ness = any p]iod  
%all n exce$ ! excess 7if any7 (-- 7,i7 
#a1jjj1jjj 7#ejj1jjj1 9 ! case ( a m>ri$
 individual fil+ a sep>ate return71 ov] 
7,,ii7 ! aggregate out/&+ pre-,octob]   

#ac1 #aihg1 indebt$ness 7z def9$ 9      
subp>agraph 7,d774  7ii7 ,pre-,decemb]  
#ae1 #bjag1 indebt$ness ,= purposes (   
?is subp>agraph-- 7,i7 ,9 g5]al ,! t]m  
pre-,decemb] #ae1 #bjag1 indebt$ness    
means indebt$ness 7o!r ?an pre-,octob]  
#ac1 #aihg1 indebt$ness7 incurr$ on or  
be=e ,decemb] #ae1 #bjag4  7,,ii7 ,b9d+ 
writt5 contract exception ,9 ! case ( a 
taxpay] :o ent]s into a writt5 b9d+     
contract be=e ,decemb] #ae1 #bjag1 to   
close on ! pur*ase ( a pr9cipal resid5ce
 be=e ,janu>y #a1 #bjah1 & :o pur*ases  
su* resid5ce be=e ,april #a1 #bjah1 !   
t]m pre-,decemb] #ae1 #bjag1 indebt$ness
 %all include indebt$ness secur$ by su* 
resid5ce4  7iii7 ,ref9anc+ indebt$ness  
7,i7 ,9 g5]al ,9 ! case ( any           
indebt$ness :i* is incurr$ to ref9ance  
indebt$ness1 su* ref9anc$ indebt$ness   
%all be treat$ = purposes ( ?is         
subp>agraph z incurr$ on ! date t !     
orig9al indebt$ness 0 incurr$ to ! ext5t
 ! am\nt ( ! indebt$ness result+ f su*  
ref9anc+ does n exce$ ! am\nt ( !       

ref9anc$ indebt$ness4  7,,ii7           
,limitation on p]iod ( ref9anc+         
,subclause 7,i7 %all n apply to any     
indebt$ness aft] ! expiration ( ! t]m ( 
! orig9al indebt$ness or1 if ! pr9cipal 
( su* orig9al indebt$ness is n amortiz$ 
ov] its t]m1 ! expiration ( ! t]m ( !   
#a/ ref9anc+ ( su* indebt$ness 7or if   
e>li]1 ! date :i* is #cj ye>s aft] !    
date ( su* #a/ ref9anc+74  4  7d7       
,coord9ation ) treatm5t ( indebt$ness   
incurr$ on or be=e ,octob] #ac1 #aihg   
,section #afc7;h77#c77;,d7 is am5d$--   
7#a7 by /rik+ clause 7ii7 & r$esignat+  
clauses 7iii7 & 7iv7 z clauses 7ii7 &   
7iii71 respectively1 &  7#b7 9 clause   
7iii7 7z s r$esignat$7-- 7,a7 by /rik+  
clause 7iii7 9 ! matt] prec$+ subclause 
7,i7 & ins]t+ clause 7ii71 &  7,b7 by   
/rik+ clause 7iii77,i7 9 subclauses 7,i7
 & 7,,ii7 & ins]t+ clause 7ii77,i74  7e7
 ,coord9ation ) exclusion ( income f    
dis*>ge ( indebt$ness ,section          
#ajh7;h77#b7 is am5d$ by /rik+ appli$ by
 sub/itut+ #gej1jjj 7#cge1jjj =         

#a1jjj1jjj 7#ejj1jjj 9 clause 7ii7 !re( 
&4  7f7 ,con=m+ am5dm5t ,section        
#afc7;h77#c7 is am5d$ by /rik+          
subp>agraph 7,f74  7g7 ,effective date  
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft] ! date
 ( ! enactm5t ( ?is ,act4  #add4        
,modification ( d$uction = p]sonal      
casualty losses  7a7 ,9 g5]al ,section  
#afe7;h77#e77;,a7 is am5d$ by /rik+ 9 a 
taxable ye> beg9n+ aft] ,decemb] #ca1   
#bjag1 & be=e ,janu>y #a1 #bjbf14  7b7  
,con=m+ am5dm5ts  7#a7 ,section         
#afe7;h77#e77;,b7 is am5d$ by /rik+ =   
any taxable ye> to :i* subp>agraph 7,a7 
applies4  7#b7 ,section #afe7;h77#e7 is 
am5d$ by /rik+ = taxable ye>s #bjah     
?r\gh #bjbe 9 ! head+ !re( & ins]t+ to  
losses attributable to ,f$]ally decl>$  
disa/]s4  7c7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to losses su/a9$ 9 taxable ye>s beg9n+  
aft] ! date ( ! enactm5t ( ?is ,act4    
#ade4 ,t]m9ation ( miscellane\s itemiz$ 
d$uctions  7a7 ,9 g5]al ,section #fg is 

am5d$-- 7#a7 by am5d+ subsection 7a7 to 
read z foll[s3  7a7 ,9 g5]al ,9 ! case (
 an individual1 miscellane\s itemiz$    
d$uctions %all n be all[$4  1 &  7#b7 by
 /rik+ subsection 7g74  7b7 ,movem5t (  
def9ition ( adju/$ gross income = e/ates
 & tru/s  7#a7 ,section #fg is am5d$ by 
/rik+ subsection 7e74  7#b7 ,section    
#fda is am5d$ by add+ at ! end ! foll[+ 
new subsection3  7d7 ,computation (     
adju/$ gross income ,= purposes ( ?is   
title1 ! adju/$ gross income ( an e/ate 
or tru/ %all be comput$ 9 ! same mann] z
 9 ! case ( an individual1 except t--   
7#a7 ! d$uctions = co/s :i* are paid or 
incurr$ 9 connection ) ! adm9i/ration ( 
! e/ate or tru/ & :i* w\ld n h be5      
incurr$ if ! prop]ty 7 n held 9 su* tru/
 or e/ate1 &  7#b7 ! d$uctions all[able 
"u sections #fdb7;b71 #fea1 & #ffa1     
%all be treat$ z all[able 9 arriv+ at   
adju/$ gross income4  4  7c7 ,con=m+    
am5dm5ts  7#a7 ,section #ef7;b77#a77;,a7
 is am5d$ to read z foll[s3  7,a7 ,c]ta9
 taxes ,no d$uction 7o!r ?an a d$uction 

all[able 9 comput+ adju/$ gross income7 
%all be all[$ = any taxes describ$ 9    
p>agraph 7#a71 7#b71 or 7#c7 ( section  
#afd7;a7 or clause 7ii7 ( section       
#afd7;b77#e77;,a74  4  7#b7 ,section    
#ef7;b77#a77;,c71 z am5d$ by ! prec$+   
provisions ( ?is ,act1 is am5d$ by /rik+
 subp>agraph 7,a77ii7 & ins]t+          
subp>agraph 7,a74  7#c7 ,section #fb7;a7
 is am5d$ by /rik+ subtitle 9 ! matt]   
prec$+ p>agraph 7#a7 & ins]t+ title4    
7#d7 ,section #fda7;c77#b77;,e7 is am5d$
 to read z foll[s3  7,e7 ,section       
#fdb7;c7 %all n apply4  4  7#e7 ,section
 #adaa7;a77#b7 is am5d$ by /rik+ 7z     
def9$ 9 section #fg7;e774  7#f7 ,section
 #ffed7;d77#a77;,c7 is am5d$ by /rik+   
clause 7iii74  7#g7 ,section #fg is     
am5d$ 9 ! head+1 by /rik+ #b-p]c5t floor
 on & ins]t+ ,d5ial (4  7#h7 ,! table ( 
sections = "p #a ( sub*apt] ,b ( *apt]  
#a is am5d$ by /rik+ ! item relat+ to   
section #fg & ins]t+ ! foll[+ new item3 
,sec4 #fg4 ,d5ial ( miscellane\s itemiz$
 d$uctions4  4  7d7 ,effective date ,!  

am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act4  #adf4 ,repeal (   
ov]all limitation on itemiz$ d$uctions  
7a7 ,9 g5]al ,"p #a ( sub*apt] ,b (     
*apt] #a is am5d$ by /rik+ section #fh  
7& ! item relat+ to su* section 9 !     
table ( sections = su* "p74  7b7 ,con=m+
 am5dm5ts  7#a7 ,section #ef7;b77#a71 z 
am5d$ by ! prec$+ provisions ( ?is ,act1
 is am5d$ by /rik+ subp>agraph 7,e74    
7#b7 ,section                           
#afd7;b77#e77;,h77ii77,,iii7 is am5d$ by
 /rik+ 7z det]m9$ "u section #fh7;b774  
7#c7 ,section #afd7;b77#e77;,h7 is am5d$
 by add+ at ! end ! foll[+ new clause3  
7iii7 ,applicable am\nt def9$ ,=        
purposes ( clause 7ii71 ! t]m applicable
 am\nt means-- 7,i7 #cjj1jjj 9 ! case ( 
a jo9t return or a surviv+ sp\se1       
7,,ii7 #bge1jjj 9 ! case ( a head (     
h\sehold1  7,,iii7 #bej1jjj 9 ! case (  
an individual :o is n m>ri$ & :o is n a 
surviv+ sp\se or head ( h\sehold1 &     
7,,iv7  ! am\nt applicable "u subclause 

7,i7 9 ! case ( a m>ri$ individual fil+ 
a sep>ate return4  ,= purposes ( ?is    
p>agraph1 m>ital /atus %all be det]m9$  
"u section #ggjc4 ,9 ! case ( any       
taxable ye> beg9n+ 9 cal5d> ye>s aft] ! 
date ( ! enactm5t ( ?is clause1 ea* ( ! 
doll> am\nts 9 ?is clause %all be       
increas$ by an am\nt equal to su* doll> 
am\nt1 multipli$ by ! co/-(-liv+        
adju/m5t det]m9$ "u section #a7;f77#c7 =
 ! cal5d> ye> 9 :i* ! taxable ye> beg9s1
 det]m9$ by sub/itut+ #bjab = #bjaf 9   
subp>agraph 7,a77ii7 !re(4 ,if any am\nt
 aft] adju/m5t "u ! prec$+ s5t5ce is n a
 multiple ( #ej1 su* am\nt %all be r\nd$
 to ! next l[e/ multiple ( #ej4  4  7c7 
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #adg4 ,t]m9ation ( exclusion =   
qualifi$ bicycle commut+ reimbursem5t   
7a7 ,9 g5]al ,section #acb7;f77#a7 is   
am5d$ by /rik+ subp>agraph 7,d74  7b7   
,con=m+ am5dm5ts  7#a7 ,section         
#acb7;f77#b7 is am5d$ by add+ & at ! end

 ( subp>agraph 7,a71 /rik+ 1 & at ! end 
( subp>agraph 7,b7 & ins]t+ a p]iod1 &  
/rik+ subp>agraph 7,c74  7#b7 ,section  
#acb7;f77#d7 is am5d$ by /rik+ 7o!r ?an 
a qualifi$ bicycle commut+              
reimbursem5t74  7#c7 ,section #acb7;f7  
is am5d$ by /rik+ p>agraph 7#h74  7#d7  
,section #bgd7l77#b7 is am5d$ by /rik+  
aft] ,decemb] #ca1 #bjag1 & be=e ,janu>y
 #a1 #bjbf4  7c7 ,effective date ,!     
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act4  #adh4 ,qualifi$   
mov+ exp5se reimbursem5t exclusion      
limit$ to memb]s ( ,arm$ ,=ces  7a7 ,9  
g5]al ,section #acb7;g7 is am5d$-- 7#a7 
by /rik+ by an individual 9 p>agraph    
7#a7 & ins]t+ by a qualifi$ milit>y     
individual1 &  7#b7 by /rik+ p>agraph   
7#b7 & ins]t+ ! foll[+ new p>agraph3    
7#b7 ,qualifi$ milit>y individual ,=    
purposes ( ?is subsection1 ! t]m        
qualifi$ milit>y individual means a     
memb] ( ! ,arm$ ,=ces ( ! ,unit$ ,/ates 
on active duty :o moves pursuant to a   

milit>y ord] & incid5t to a p]man5t     
*ange ( /ation4  4  7b7 ,effective date 
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft] ! date
 ( ! enactm5t ( ?is ,act4  #adi4        
,d$uction = mov+ exp5ses limit$ to      
memb]s ( ,arm$ ,=ces  7a7 ,9 g5]al      
,section #bag is am5d$-- 7#a7 by am5d+  
subsection 7a7 to read z foll[s3  7a7   
,d$uction all[$ ,!re %all be all[$ z a  
d$uction mov+ exp5ses paid or incurr$   
dur+ ! taxable ye> by a memb] ( ! ,arm$ 
,=ces ( ! ,unit$ ,/ates on active duty  
:o moves pursuant to a milit>y ord] &   
incid5t to a p]man5t *ange ( /ation4  1 
7#b7 by /rik+ subsections 7c71 7d71 7f71
 7g71 & 7k7 & r$esignat+ subsections    
7h71 7i71 & 7j7 z subsections 7c71 7d71 
& 7f71 respectively1 &  7#c7 by ins]t+  
aft] subsection 7d71 z s r$esignat$1 !  
foll[+ new subsection3  7e7 ,exp5ses    
furni%$ 9 k9d ,any mov+ & /orage exp5ses
 :i* are furni%$ 9 k9d 7or = :i*        
reimbursem5t or an all[ance is provid$1 
b only to ! ext5t ( ! exp5ses paid or   

incurr$7-- 7#a7 to a memb] describ$ 9   
subsection 7a71 or to su* memb]'s sp\se 
or dep5d5ts1 %all n be includible 9     
gross income1 & no report+ ) respect to 
su* exp5ses %all be requir$ by !        
,secret>y ( ,def5se or ! ,secret>y (    
,transportation1 z ! case may be1 &     
7#b7 to ! sp\se & dep5d5ts ( a memb]    
describ$ 9 subsection 7a7 ) reg>d to    
mov+ to a location o!r ?an ! "o to :i*  
su* memb] moves 7or f a location o!r ?an
 ! "o f :i* su* memb] moves71 ?is       
section %all apply ) respect to ! mov+  
exp5ses ( su* sp\se & dep5d5ts z if su* 
sp\se 7 a memb] describ$ 9 subsection   
7a74  4  7b7 ,con=m+ am5dm5ts  7#a7     
,subsections 7d77#c77;,c7 & 7e7 (       
section #bc are ea* am5d$ by /rik+      
section #bag7;h77#c7 & ins]t+ section   
#bag7;c77#c74  7#b7 ,section #ghgb7;f7  
is am5d$ by /rik+ p>agraph 7#aa74  7#c7 
,section #bag is am5d$ 9 ! head+ by     
/rik+ ,mov+ exp5ses & ins]t+ ,c]ta9 mov+
 exp5ses ( memb]s ( ,arm$ ,=ces4  7#d7  
,! table ( sections = "p ,,vii (        

sub*apt] ,b ( *apt] #a is am5d$ by /rik+
 ! item relat+ to section #bag & ins]t+ 
! foll[+ new item3  ,sec4 #bag4 ,c]ta9  
mov+ exp5ses ( memb]s ( ,arm$ ,=ces4  4 
7c7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #aej4 ,limitation on wag]+ losses
  7a7 ,9 g5]al ,section #afe7;d7 is     
am5d$ by /rik+ 9 ! case ( taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjag1 & be=e 
,janu>y #a1 #bjbf14  7b7 ,effective date
 ,! am5dm5t made by ?is section %all    
apply to taxable ye>s beg9n+ aft] ! date
 ( ! enactm5t ( ?is ,act4  ,f ,increase 
9 e/ate & gift tax exemption  #aea4     
,increase 9 e/ate & gift tax exemption  
7a7 ,9 g5]al ,section #bjaj7;c77#c7 is  
am5d$ 9 subp>agraph 7,a71 by /rik+      
#e1jjj1jjj & ins]t+ #aj1jjj1jjj4  7b7   
,con=m+ am5dm5t ,section #bjaj7;c77#c7  
is am5d$ by /rik+ subp>agraph 7,c74  7c7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to e/ates ( dec$5ts 
dy+ & gifts made aft] ! date ( !        

enactm5t ( ?is ,act4  ,,ii ,increas$    
exemption = ,alt]native ,m9imum ,tax    
made p]man5t  #bja4 ,increas$ exemption 
= individuals  7a7 ,9 g5]al ,section    
#ee7;d77#a7 is am5d$-- 7#a7 by /rik+    
#gh1gej 9 subp>agraph 7,a7 & ins]t+     
#aji1djj1 &  7#b7 by /rik+ #ej1fjj 9    
subp>agraph 7,b7 & ins]t+ #gj1cjj4  7b7 
,phase-,out ( exemption am\nt ,section  
#ee7;d77#b7 is am5d$-- 7#a7 by /rik+    
#aej1jjj 9 subp>agraph 7,a7 & ins]t+    
#a1jjj1jjj1 &  7#b7 by /rik+            
subp>agraphs 7,b7 & 7,c7 & by ins]t+ !  
foll[+ new subp>agraphs3  7,b7 #ej p]c5t
 ( ! doll> am\nt applicable "u          
subp>agraph 7,a7 9 ! case ( a taxpay]   
describ$ 9 p>agraph 7#a77;,b7 or        
7#a77;,c71 &  7,c7 #ge1jjj 9 ! case ( a 
taxpay] describ$ 9 p>agraph 7#a77;,d74  
4  7c7 ,inflation adju/m5t ,section     
#ee7;d77#c7 is am5d$ to read z foll[s3  
7#c7 ,inflation adju/m5t ,ea* doll>     
am\nt describ$ 9 clause 7i7 or 7ii7 (   
subp>agraph 7,b7 %all be increas$ by an 
am\nt equal to-- 7,a7 su* doll> am\nt1  

multipli$ by  7,b7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section #a7;f77#c7 = !      
cal5d> ye> 9 :i* ! taxable ye> beg9s1   
det]m9$ by sub/itut+-- 7i7 9 ! case ( a 
doll> am\nt conta9$ 9 p>agraph 7#a77;,d7
 or 7#b77;,c7 or 9 subsection           
7b77#a77;,a71 cal5d> ye> #bjaa = cal5d> 
ye> #bjaf 9 subp>agraph 7,a77ii7 !re(1 &
  7ii7 9 ! case ( a doll> am\nt conta9$ 
9 p>agraph 7#a77;,a71 7#a77;,b71 or     
7#b77;,a71 cal5d> ye> #bjag = cal5d> ye>
 #bjaf 9 subp>agraph 7,a77ii7 !re(4     
,any increas$ am\nt det]m9$ "u ?is      
p>agraph %all be r\nd$ to ! ne>e/       
multiple ( #ajj 7#ej 9 ! case ( ! doll> 
am\nt conta9$ 9 p>agraph 7#b77;,c774  4 
7d7 ,repeal ( coord9ation ) rules relat+
 to ! taxation ( une>n$ *ildr5 ,section 
#ei is am5d$ by /rik+ subsection 7j74   
7e7 ,con=m+ am5dm5t ,section #ee7;d7 is 
am5d$ by /rik+ p>agraph 7#d74  7f7      
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4