US Laws, Codes, Statutes & Cases

     59-10-104.1 (Superseded 01/01/07).   Exemption from taxation.
     (1) For purposes of this section:
     (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:
     (i) the individual;
     (ii) the individual's spouse; and
     (iii) the individual's dependents; and
     (b) "standard deduction":
     (i) except as provided in Subsection (1)(b)(ii), 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:
     (A) blind; or
     (B) 65 years of age or older.
     (2) For taxable years beginning on or after January 1, 2002, an individual is exempt from a tax imposed by Section 59-10-104, 59-10-105, 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.

Enacted by Chapter 323, 2001 General Session