(A) For tax years beginning prior to 1989, an individual taxpayer in computing his or her taxable income is allowed a deduction of $600 for each personal and dependency exemption under the rules for determining exemptions and dependents as provided by the Federal Internal Revenue Code. The taxpayer may claim his or her spouse and dependents as exemptions, but if the taxpayer and the spouse are both subject to the tax imposed by this subchapter, the number of exemptions claimed by each of them when added together may not exceed the total number of exemptions allowed under this subchapter.
(B) For tax years beginning afer 1988 and prior to 2005, an individual taxpayer in computing his or her taxable income is allowed deductions of $1,000 for each personal and dependency exemption under the rules for determining exemptions and dependents as provided in the Federal Internal Revenue Code. The taxpayer may claim his or her spouse and dependents as exemptions, but if the taxpayer and the spouse are both subject to the tax imposed by this subchapter, the number of exemptions claimed by each of them when added together shall not exceed the total number of exemptions allowed under this subchapter. For a taxpayer, or the taxpayer’s spouse, who is 65 years of age or older, or who is blind as defined in § 504 of the Income Tax Act of 1967, Public Act 281 of 1967, being M.C.L. § 206.504, one additional exemption is allowed under this section; or if the taxpayer, or the taxpayer’s spouse, is both 65 years of age or older and blind, two additional exemptions are allowed under this section.
(C) For tax years beginning after 1988 and prior to 2005, an exemption in the amount of $1,000 is allowed to a person with respect to whom a deduction under § 151 of the Internal Revenue Code is allowable to another federal taxpayer during the tax year and is therefore not considered to have a federal personal exemption under divisions (A) and (B) above.
(D) For tax years beginning after 2004, an individual taxpayer in computing his or her taxable income is allowed deductions of $750 for each personal and dependency exemption under the rules for determining exemptions and dependents as provided in the Federal Internal Revenue Code. The taxpayer may claim his or her spouse and dependents as exemptions, but if the taxpayer and spouse are both subject to tax imposed by this subchapter, the number of exemptions claimed by each of them when added together may not exceed the total number of exemptions allowed under this subchapter. For a taxpayer, or the taxpayer’s spouse, who is 65 years of age or older, or who is blind as defined in § 504 of the Income Tax Act of 1967, Public Act 281 of 1967, being M.C.L. § 206.504, one additional exemption is allowed under this section; or if the taxpayer, or the taxpayer’s spouse, is both 65 years of age or older and blind, two additional exemptions are allowed under this section.
(E) For tax years beginning after 2004, an exemption in the amount of $750 is allowed to a person with respect to whom a deduction under § 151 of the Internal Revenue Code, being 26 U.S.C. § 151 is allowable to another federal taxpayer during the tax year and is therefore not considered to have a federal personal exemption under divisions (A) and (B) above.
(Prior Code, § 33.02) (Ord. D-645, passed 3-16-1964, effective 3-26-1964; Ord. D-956, passed 9-28-1970, effective 10-8-1970; Ord. D-1582, passed 2-13-1989, effective 7-1-1989; Ord. O-41, passed 12-19-2005, effective 12-29-2005)