Section 59-10-104.1 - Exemption from taxation(1) For purposes of this section: (a) "Personal exemptions" means the total exemption amount an individual is allowed to claim for the taxable year under Section 151, Internal Revenue Code, for: (ii) the individual's spouse; and(iii) the individual's dependents.(b) "Standard deduction": (i) means the standard deduction an individual is allowed to claim for the taxable year under Section 63, Internal Revenue Code; and(ii) notwithstanding Subsection (1)(b)(i), does not include an additional amount allowed under Section 63(f), Internal Revenue Code, for an individual or an individual's spouse who is:(B) 65 years of age or older.(2) For taxable years beginning on or after January 1, 2002, an individual is exempt from a tax imposed by Section 59-10-104 or 59-10-116 if the individual's adjusted gross income on the individual's federal individual income tax return for the taxable year is less than or equal to the sum of the individual's: (a) personal exemptions for that taxable year; and(b) standard deduction for that taxable year.Amended by Chapter 389, 2008 General Session.