from a Universal Savings Account shall not be includible in gross income. (B) Net income attributable to excess contributions Any distribution of net income described in section 4973(i)(2) shall be includible in the gross income of the account holder in the taxable year in which the contribution to which such net income relates was made. (2) Contribution limit (A) In general The aggregate amount of contributions (other than qualified rollover contributions described in subsection (d)) for any taxable year to all Universal Savings Accounts maintained for the benefit of an individual shall not exceed the lesser of— (i) $2,500, or (ii) an amount equal to the compensation (within the meaning of section 219) includible in such individual’s gross income for such taxable year. (B) No contributions for dependents In the case of an individual who is a dependent of another taxpayer for a taxable year beginning in the calendar year in which such individual’s taxable year begins, the dollar amount under subparagraph (A) for such individual’s taxable year shall be zero. (C) Special rule in case of joint return (i) In general In the case of an individual to whom this clause applies, the amount determined under subparagraph (A)(ii) with respect to such individual for the taxable year shall not be less than an amount equal to the sum of— (I) the compensation of such individual includible in gross income for the taxable year, plus (II) the compensation of such individual’s spouse includible in gross income for the taxable year reduced (but not below zero) by the amount contributed for the taxable year to all Universal Savings Accounts maintained for the benefit of such spouse. (ii) Individual to whom clause (i) applies Clause (i) shall apply to any individual— (I) who files a joint return for the taxable year, and (II) whose compensation includible in gross income for the taxable year is less than the compensation of such individual’s spouse includible in gross income for the taxable year. (D) Cost-of-living adjustment In the