Standard deduction; resident on or after January 1, 2016 but before January 1, 2018

1. Basic standard deduction. The basic standard deduction is: 2. Additional standard deduction. The additional standard deduction is the amount allowed under the Code, Section 63(c)(3). 3. Phase-out. The total standard deduction of the taxpayer determined in accordance with subsections 1 and 2 must be reduced by an amount equal to the total standard deduction multiplied by the following fraction: