the heading thereof and inserting Basic deduction . (69) Section 703(a)(2) is amended by striking subparagraph (A) and by redesignating subparagraphs (B) through (F) as subparagraphs (A) through (E), respectively. (70) Section 874 is amended by striking subsection (b) and by redesignating subsection (c) as subsection (b). (71) Section 891 is amended by striking under section 151 and . (72) Section 904(b)(1) is amended to read as follows: (1) Deduction for estates and trusts For purposes of subsection (a), the taxable income of an estate or trust shall be computed without any deduction under section 642(b). . (73) Section 931(b)(1) is amended to read as follows: (1) any deduction from gross income, or . (74) Section 933 is amended— (A) by striking as a deduction from his gross income any deductions (other than the deduction under section 151, relating to personal exemptions) in paragraph (1) and inserting any deduction from gross income , and (B) by striking as a deduction from his gross income any deductions (other than the deduction for personal exemptions under section 151) in paragraph (2) and inserting any deduction from gross income . (75) Section 1212(b)(2)(B)(ii) is amended to read as follows: (ii) in the case of an estate or trust, the deduction allowed for such year under section 642(b). . (76) Section 1361(c)(1)(C) is amended by striking section 152(f)(1)(C) and inserting section 7706(f)(1)(C) . (77) Section 1402(a) is amended by striking paragraph (7). (78) Section 2032A(c)(7)(D) is amended by striking section 152(f)(2) and inserting section 7706(f)(2) . (79) Section 3402(m)(1) is amended by striking other than the deductions referred to in section 151 and . (80) Section 3402(r)(2) is amended by striking the sum of— and all that follows and inserting the basic standard deduction (as defined in section 63(c)) for an individual to whom section 63(c)(2)(C) applies. . (81) Section 5000A(b)(3)(A) is amended by striking section 152 and inserting section 7706 . (82) Section 5000A(c)(4)(A) is amended by