How Much Can I Deduct for Each Exemption I Claim?
There are two types of exemptions, personal exemptions and exemptions for dependents. You usually can claim exemptions for yourself, your spouse, and each person you can claim as a dependent.
Information You Will Need:
- Marital status, relationship to the dependent, and the amount of support provided
- Basic income information such as your adjusted gross income
Estimated Completion Time: 4 minutes. However: 15 minutes of inactivity will end the interview and you will be forced to start over.