Page 11

- 11 -

.08 Low-Income Housing Credit. For calendar year 2014, the amount used under § 42(h)(3)(C)(ii) to calculate the State housing credit ceiling for the low-income housing credit is the greater of (1) $2.30 multiplied by the State population, or (2) $2,635,000.

.09 Employee Health Insurance Expense of Small Employers. For calendar year 2014, the dollar amount in effect under § 45R(d)(3)(B) is $25,400. This amount is used under § 45R(c) for limiting the small employer health insurance credit and under § 45R(d)(1)(B) for determining who is an eligible small employer for purposes of the credit. .10 Exemption Amounts for Alternative Minimum Tax. For taxable years beginning in 2014, the exemption amounts under § 55(d)(1) are: Joint Returns or $82,100

Surviving Spouses Unmarried Individuals (other than $52,800 Surviving Spouses)

Married Individuals Filing Separate $41,050

Returns Estates and Trusts $23,500 For taxable years beginning in 2014, under § 55(b)(1), the excess taxable income above which the 28 percent tax rate applies is: Married Individuals Filing Separate Returns $91,250

Joint Returns, Unmarried Individuals (other than surviving spouses), and Estates and Trusts $182,500