What is a personal exemption on a tax return?
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Works at the International Seabed Authority, Lives in Kingston, Jamaica.
This means you can claim a $4,000 exemption on your tax return for each qualifying dependent. For example, a married couple with two children could potentially claim two personal exemptions ($4,000 each) and two dependent exemptions ($4,000 each) on their joint tax return ($16,000 = total exemption amount).Feb 3, 2016
2023-06-14 09:06:53
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Ava Martinez
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This means you can claim a $4,000 exemption on your tax return for each qualifying dependent. For example, a married couple with two children could potentially claim two personal exemptions ($4,000 each) and two dependent exemptions ($4,000 each) on their joint tax return ($16,000 = total exemption amount).Feb 3, 2016
