Not necessarily.
Deductions are used to reduce your Adjusted Gross Income to your taxable income. Your taxes due are then calculated as a percentage of your taxable income.
Tax credits are a dollar for dollar offset against your tax liability.
There are no longer any dependent deductions (exemptions) allowed on your federal income tax return.
See the attached for more information on the requirements to claim someone as a dependent on your return.
Who can I claim as a dependent
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