Par. 10. Section 1.151-1 is amended by revising paragraphs (a)(1), (c), and (d) to read as follows:
(a) * * * (1) In computing taxable income, an individual is allowed a deduction for the exemptions for an individual taxpayer and spouse (the personal exemptions) and the exemption for a dependent of the taxpayer.
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(c) Additional exemption for dependent. Section 151(c) allows a taxpayer an exemption for each individual who is a dependent (as defined in section 152) of the taxpayer for the taxable year. See §§ 1.152-1 through 1.152-5 for rules relating to dependents.
(d) Applicability date. Paragraphs (a)(1) and (c) of this section apply to taxable years beginning after the date these regulations are published as final regulations in the Federal Register .