| (1) |
For purposes of this section:
Terms Used In Utah Code 59-10-104.1
| (a) |
“Personal exemptions” means the total exemption amount an individual is allowed to claim for the taxable year under Section 151, Internal Revenue Code, for:
| (ii) |
the individual’s spouse; and |
| (iii) |
the individual’s dependents. |
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| (b) |
“Standard deduction”:
| (i) |
means the standard deduction an individual is allowed to claim for the taxable year under Section 63, Internal Revenue Code; and |
| (ii) |
notwithstanding Subsection (1)(b)(i), does not include an additional amount allowed under Section 63(f), Internal Revenue Code, for an individual or an individual’s spouse who is:
| (B) |
65 years of age or older. |
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| (2) |
For taxable years beginning on or after January 1, 2002, an individual is exempt from a tax imposed by Section 59-10-104 or 59-10-116 if the individual’s adjusted gross income on the individual’s federal individual income tax return for the taxable year is less than or equal to the sum of the individual’s:
| (a) |
personal exemptions for that taxable year; and |
| (b) |
standard deduction for that taxable year. |
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Amended by Chapter 389, 2008 General Session
