The tax brackets discussed last week (September 20, 2016) are complicated by two tax benefits: the personal exemption and the standard deduction. In 2016, the personal exemption increased to $4,050 for the taxpayer and each dependent listed on line 6b.
(See the 2015 form 1040.)
That number of dependents multiplied by $4,050 is listed on line 42. That product is subtracted from your line 38 adjusted gross income. The effect of this calculation is to reduce the total income that determines which tax bracket you are in. So, make sure to properly calculate the total personal exemptions to which you are entitled before you determine the applicable tax rate. Failing to do so might result in some silly charitable contributions intended to reduce your tax rate.
Note also the phase out for the exemption for adjusted gross income of:
The EFM Lawyer.