Cooler weather outside doesnât mean you have to shut down your swimming pool. With the help of Leslieâs heating products, your swimming season can be extended by weeks and even months. Solar Covers, Gas Heaters, Heat Pumps, and Solar Heaters all help to increase the amount of time you and your family can enjoy the pool.
Tax exemptions for you and your dependents. An exemption is an amount of money you can subtract from your Adjusted Gross Income, just for having dependents. Personal and dependent exemptions for yourself and qualifying family members reduce the amount of income on which you will be taxed. (in effect, these exemptions are the same as deductions).
A personal exemption (not to be confused with the Health Care penalty exemption) is tax-free money you get to deduct from your income for every taxpayer and dependent claimed on your return. For 2016, the exemption is $4,050 per person, which means a jointly-filing couple with 2 dependents get an exemption of $16,200 (4 people x $4,050). This amount is subject to a phaseout, or reduction, once you go above a certain AGI level (for example, on joint returns the phaseout kicks in at $311,300).