amount In the case of any taxable year beginning after 2019, the dollar amount in paragraph (1)(A) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(c)(2)(A) for the calendar year in which the taxable year begins, determined by substituting calendar year 2018 for calendar year 2016 in clause (ii) thereof. (B) Limitation amount in case of certain dependents In the case of any taxable year beginning after 2017, each of the dollar amounts in paragraph (2) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) (I) in the case of the dollar amount in paragraph (2)(A), under section 1(c)(2)(A) for the calendar year in which the taxable year begins determined by substituting calendar year 1987 for calendar year 2016 in clause (ii) thereof, and (II) in the case of the dollar amount in paragraph (2)(B), under section 1(c)(2)(A) for the calendar year in which the taxable year begins determined by substituting calendar year 1997 for calendar year 2016 in clause (ii) thereof. If any increase determined under this paragraph is not a multiple of $100, such increase shall be rounded to the next lowest multiple of $100. . (b) Conforming amendments (1) Section 63(b) is amended by striking , minus— and all that follows and inserting minus the standard deduction . (2) Section 63 is amended by striking subsections (f) and (g). (3) Section 1398(c) is amended— (A) by striking Basic in the heading thereof, (B) by striking Basic standard in the heading of paragraph (3) and inserting Standard , and (C) by striking basic in paragraph (3). (4) Section 3402(m)(3) is amended by striking (including the additional standard deduction under section 63(c)(3) for the aged and blind) . (5) Section 6014(b)(4) is amended by striking section 63(c)(5) and inserting section 63(c)(2) . (c) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2017. 1003. Repeal of deduction for