A bill to amend the Internal Revenue Code of 1954 to exempt certain trust income from the earned income limitation on the low income allowance.

Amends the Internal Revenue Code to increase the limitation for dependent taxpayers on the low income allowance for the standard deduction in the case of certain dependent taxpayers by permitting the allowance to match the taxpayer's trust income derived from a personal injury judgment or settlement, as well as his earned income for the taxable year.