I'm currently Working on Schedule C (Exemptions) and am using the Federal list. When I look up the list of exemption amounts, it says they are from 2013 and that they are updated every three years in April. By this, there should be a new list dated 2016 available now. Am I missing it somewhere or has it not been updated?
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I did find them in the form of the Federal Register. Those that pertain to my situation are: personal property - new total is $12,625 (from $12,250) with no more than $600 per item (was $575). Motor vehicle is now $3775 (was 3675), and the wildcard is $1250 (was $1225). -
It looks like NOLO updated them on 5-17.Comment
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