What does LGB mean in Chemistry? This page is about the meanings of the acronym/abbreviation/shorthand LGB in the Academic & Science field in general and in the Chemistry terminology in particular. Lotte Gas Boiler Academic & Science Â» Chemistry
The Alternative Minimum Tax exemption amount for tax year 2017 is $54,300 and begins to phase out at $120,700 ($84,500, for married couples filing jointly for whom the exemption begins to phase out at $160,900). The 2016 exemption amount was $53,900 ($83,800 for married couples filing jointly).
Know the exemption rate. The exemption rate refers to the amount or value of property or assets that one person can give without being taxed. Exemption rates vary by year due to inflation, and are announced by the IRS before the start of each calendar year. The annual gift tax exclusion amount is $14,000 for 2015.