2017 Arizona Revised Statutes
Title 43 - Taxation of Income
§ 43-1043 Personal exemptions; annual adjustment

43-1043. Personal exemptions; annual adjustment

A. For taxable years prior to 2017, there shall be allowed as an exemption, in the case of:

1. A single individual, a personal exemption of two thousand one hundred dollars.

2. A head of a household or a married individual, a personal exemption of four thousand two hundred dollars under this paragraph. A husband and wife shall receive but one personal exemption of four thousand two hundred dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them.

3. A married couple who claim at least one dependent, an exemption of six thousand three hundred dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them. An exemption under this paragraph is in lieu of the exemption under paragraph 2 of this subsection.

B. For taxable years beginning from and after December 31, 2016 through December 31, 2017, there is allowed as an exemption, in the case of:

1. A single individual, a personal exemption of two thousand one hundred fifty dollars.

2. A head of a household or a married individual, a personal exemption of four thousand three hundred dollars under this paragraph. A husband and wife shall receive but one personal exemption of four thousand three hundred dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them.

3. A married couple who claim at least one dependent, an exemption of six thousand four hundred fifty dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them. An exemption under this paragraph is in lieu of the exemption under paragraph 2 of this subsection.

C. For taxable years beginning from and after December 31, 2017 through December 31, 2018, there is allowed as an exemption, in the case of:

1. A single individual, a personal exemption of two thousand two hundred dollars.

2. A head of a household or a married individual, a personal exemption of four thousand four hundred dollars under this paragraph. A husband and wife shall receive but one personal exemption of four thousand four hundred dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them.

3. A married couple who claim at least one dependent, an exemption of six thousand six hundred dollars. If the husband and wife make separate returns, the personal exemption may be taken by either or divided between them. An exemption under this paragraph is in lieu of the exemption under paragraph 2 of this subsection.

D. For taxable years beginning from and after December 31, 2018, the department shall adjust the dollar amounts prescribed for each of the exemptions in subsection C of this section according to the average annual change in the metropolitan Phoenix consumer price index published by the United States bureau of labor statistics.