PUBLIC LAW 94-12—MAR. 29, 1975 (b)
CHANGE IN FILING REQUIREMENTS TO REFLECT INCREASE IN INCOME ALLOWANCE.—So much of paragraph (1) of section
Low 6012(a) (relating to persons required to make returns of income) as precedes subparagraph (C) thereof is amended to read as follows: "(1)(A) Every individual having for the taxable year a gross income of $750 or more, except that a return shall not be required of an individual (other than an individual referred to in section 142(b))— "(i) who is not married (determined by applying section 143), is not a surviving spouse (as defined in section 2(a)), and for the taxable year has a gross income of less than $2,350, "(ii) who is a surviving spouse (as so defined) and for the taxable year has a gross income of less than $2,650, or "(iii) who is entitled to make a joint return under section 6013 and whose gross income, when combined with the gross income of his spouse, is, for the taxable year, less than $3,400 but only if such individual and his spouse, at the close of the taxable year, had the same household as their home. Clause (iii) shall not apply if for the taxable year such spouse makes a separate return or any other taxpayer is entitled to an exemption for such spouse under section 151(e). "(B) The amount specified in clause (i) or (ii) of subparagraph (A) shall be increased by $750 in the case of an individual entitled to an additional personal exemption under section 151(c)(1), and the amount specified in clause (iii) of subparagraph (A) shall be increased by $750 for each additional personal exemption to which the individual or his spouse is entitlea under section 151(c);". (c)
89 STAT. 29
26 USC 6012.
26 USC 142. 26 USC 143, 2.
26 USC 6013.
26 USC 151.
CHANGE IN OPTIONAL TAX TABLES.—Section 3 (relating to 26 USC 3.
optional tax tables) is amended by striking out "$10,000" and by inserting in lieu thereof "$15,000". SEC. 202. INCREASE IN PERCENTAGE STANDARD DEDUCTION. (a) INCREASE.—Subsection (b) of section 141 (relating to percentage 26 USC 141. standard deduction) is amended to read as follows: "(b) PERCENTAGE STANDARD DEDUCTION.—The percentage standard deduction is an amount equal to 16 percent of adjusted gross income but not to exceed— " (1) $2,600 in the case of— " (A) a joint return under section 6013, or "(B) a surviving spouse (as defined in section 2(a)), "(2) $2,300 in the case of an individual who is not married and who is not a surviving spouse (as so defined), or "(3) $1,300 in the case of a married individual filing a separate return." (b) CONFORMING AMENDMENT.—Subparagraph (B) of section 3402 (m)(1) (relating to withholding allowances based on itemized deduc- 26 USC 3402. tions) is amended to read as follows: "(B) an amount equal to the lesser of (i) 16 percent of his estimated wages, or (ii) $2,600 ($2,300 in the case of an individual who is not married (| within the meaning of section 143) and who is not a surviving spouse (as defined in section 2(a)))." SEC. 203. TAX CREDIT FOR PERSONAL EXEMPTIONS. (a) IN GENERAL.^—Subpart A of part VI of subchapter A of chapter 1 (relating to credits allowable agamsttax) is amended by redesignating section 42 as section 43 and by inserting after section 41 the follow- 26 USC 42. ing new section:
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