Elimination of additional exemption for dependents

(a) In general Section 151(d)(5) of the Internal Revenue Code of 1986 is amended to read as follows: (5) Elimination of additional exemption for dependents for taxable years after 2025 In the case of a taxable year beginning after December 31, 2025— (A) In general For purposes of subsection (c), the term exemption amount means zero. (B) References For purposes of any other provision of this title, the reduction of the exemption amount to zero under subparagraph (A) shall not be taken into account in determining whether a deduction is allowed or allowable, or whether a taxpayer is entitled to a deduction, under this section.. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2025.