{"abstract":"This document includes final regulations under sections 36B and 6011 of the Internal Revenue Code (Code) that clarify that the reduction of the personal exemption deduction to zero for taxable years beginning after December 31, 2017, and before January 1, 2026, does not affect an individual taxpayer's ability to claim the premium tax credit. These final regulations affect individuals who claim the premium tax credit.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/12/01/2020-26200.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 76976","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: These final regulations are effective on December 1, 2020.","disposition_notes":null,"docket_ids":["TD 9912"],"dockets":[],"document_number":"2020-26200","effective_on":"2020-12-01","end_page":76979,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/12/01/2020-26200.xml","html_url":"https://www.federalregister.gov/documents/2020/12/01/2020-26200/guidance-clarifying-premium-tax-credit-unaffected-by-suspension-of-personal-exemption-deduction","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-26200?publication_date=2020-12-01","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-12-01/2020-26200/mods.xml","not_received_for_publication":null,"page_length":4,"page_views":{"count":683,"last_updated":"2026-09-21 20:15:12 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-12-01/pdf/2020-26200.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-26200.pdf?1606493717","publication_date":"2020-12-01","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/12/01/2020-26200.txt","regulation_id_number_info":{"1545-BP76":{"issue":"202104","html_url":"https://www.federalregister.gov/regulations/1545-BP76/section-36b-personal-exemption-deduction-and-premium-tax-credit","title":"Section 36B Personal Exemption Deduction and Premium Tax Credit","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202104&RIN=1545-BP76&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BP76"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BP76/section-36b-personal-exemption-deduction-and-premium-tax-credit","title":"Section 36B Personal Exemption Deduction and Premium Tax Credit"},"comments_count":0,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2020-0011","supporting_documents_count":0,"docket_id":"IRS-2020-0011","document_id":"IRS-2020-0011-0003","regulation_id_number":"1545-BP76","title":"Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction (REG-124810-19)","checked_regulationsdotgov_at":"2020-12-03T04:30:11Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":76976,"subtype":null,"title":"Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction","toc_doc":"Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":85}