Page:United States Statutes at Large Volume 68A.djvu/82

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INTERNAL REVENUE CODE OF 1954

return, consistent with the change of election sought by the taxpayer, and (2) the taxpayer and his spouse consent in writing to the assessment, within such period as may be agreed on with the Secretary or his delegate, of any deficiency, to the extent attributable to such change of election, even though at the time of the filing of such consent the assessment of such deficiency would otherwise be prevented by the operation of any law or rule of law. This subsection shall not apply if the tax liability of the taxpayer's spouse, for the taxable year corresponding (for purposes of section 142 (a)) to the taxable year of the taxpayer, has been compromised under section 7122. SEC. 145. CROSS REFERENCE. For disallowance of certain credits against the tax in the case of individuals electing the standard deduction, see section 36.

PART V—DEDUCTIONS FOR PERSONAL EXEMPTIONS Sec. Sec. Sec. Sec.

151, 152. 153. 154.

Allowance of deductions for personal exemptions. Dependent defined. Determination of marital status. Gross references.

SEC. 151. ALLOWANCE OF DEDUCTIONS FOR PERSONAL EXEMPTIONS. (a) ALLOWANCE OF DEDUCTIONS.—In the case of an individual, the

exemptions provided by this section shall be allowed as deductions in computing taxable income. (b) TAXPAYER AND SPOUSE.—An exemption of $600 for the taxpayer; and an additional exemption of $600 for the spouse of the taxpayer if a separate return is made by the taxpayer, and if the spouse, for the calendar year in which the taxable year of the taxpayer begins, has no gross income and is not the dependent of another taxpayer. (c) ADDITIONAL EXEMPTION FOR TAXPAYER OR SPOUSE AGED 65 OR M O R E. —

(1) FOR TAXPAYER.—An additional exemption of $600 for the taxpayer if he has attained the age of 65 before the close of his taxable year. (2) FOR SPOUSE.—An additional exemption of $600 for the spouse of the taxpayer if a separate return is made by the taxpayer, and if the spouse has attained the age of 65 before the close of such taxable year, and, for the calendar year in which the taxable year of the taxpayer begins, has no gross income and is not the dependent of another taxpayer. (d) ADDITIONAL EXEMPTION SPOUSE.—

FOR BLINDNESS OF TAXPAYER OR

(1) FOR TAXPAYER.—An additional exemption of $600 for the taxpayer if he is blind at the close of his taxable year. (2) FOR SPOUSE.—An additional exemption of $600 for the spouse of the taxpayer if a separate return is made by the taxpayer, and if the spouse is blind and, for the calendar year in which the taxable year of the taxpayer begins, has no gross income and is not the dependent of another taxpayer. For purposes of this paragraph, the determination of whether the spouse is blind shall be made § 144(b)(1)

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