; and (B) $4,000, made jointly, in the case of two individuals filing a joint return for a taxable year beginning in 2019. (2) Additional amount for dependents (A) One child If a deduction is allowed for one or more dependents on the return for the taxable year beginning in 2019, the amount in paragraph (1) shall be increased by $500 in the case of a return for which one deduction is allowed under section 151(c) of the Internal Revenue Code of 1986. (B) Three or more children In the case of deductions allowed for three or more dependents on the return for the taxable year beginning in 2019, subparagraph (A) shall be applied by substituting $1,500 for $500 . (3) Phaseout (A) In general The amount of a payment specified in paragraph (1) shall be reduced (but not below zero) by 5 percentage points for each $1,000 (or fraction thereof) by which the taxpayer’s adjusted gross income exceeds the threshold amount. (B) Threshold amount For purposes of subparagraph (A), the term threshold amount means— (i) $130,000 in the case of an individual who filed a separate return for the taxable year beginning in 2019