Areas of Practice: City-wide legal services to low-wage and immigrant workers. The Project handles employment matters in federal and state courts, the U.S. Equal Employment Opportunity Commission, the U.S. Department of Justice, and the New York City Commission on Human Rights.
Personal exemptions for both taxpayers and dependents provide that only a personâs income above some defined basic level is subject to tax. This helps ensure that the poorest households are not subject to the income tax. In 2016, the personal exemption is $4,050. In 2013, tax filers reported $9.1 trillion in adjusted gross income (AGI) and claimed $1.1 trillion in personal exemptions (although, as explained below, not all exemptions could be fully utilized to reduce tax liability).
Everyone is entitled to a personal exemption from income tax, and an exemption for anyone they claim as a dependent (spouse, children, aged parent). For 2012, the exemption per individual is $3,800, raised to $3,900 for 2013. For example, a family of four could earn $15,200 tax-free or $15,600 in 2013.veryone is entitled to a personal exemption from income tax, and an exemption for anyone they claim as a dependent (spouse, children, aged parent). For 2012, the exemption per individual is $3,800, raised to $3,900 for 2013. For example, a family of four could earn $15,200 tax-free or $15,600 in 2013.