- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
In 2018, the old dependent exemption (approx $4000 deduction from income) was replaced with a $500 other dependent tax credit (for dependents who did not qualify for the child tax credit).
You still enter your dependents, in TurboTax, as you have in the past. The $500 credit is automatic, if your dependent qualifies.
March 29, 2023
8:00 AM