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).
Highlights of limitations that changed from 2015 to 2016 include the following: 1  For an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple's income is between $184,000 and $194,000, up from $183,000 and $193,000. The AGI phase-out range for taxpayers making contributions to a Roth IRA is $184,000 to $194,000 for married couples filing jointly, up from $183,000 to $193,000.