Exemption amount.
The amount you can deduct for each exemption has increased from $2,700 in 1998 to $2,750 in 1999.

Exemption phaseout. You will lose all or part of the benefit of your exemptions if your adjusted gross income is above a certain amount. The amount at which this phaseout begins depends on your filing status. For 1999, the phaseout begins at $94,975 for married persons filing separately; $126,600 for unmarried individuals; $158,300 for heads of household; and at $189,950 for married persons filing jointly. See Phaseout of Exemptions, later.

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