336865
You'll need to sign in or create an account to connect with an expert.
If you say yes, then you will take the $4,000 personal exemption for yourself. This reduces your taxable income by $4,000, thus lowering your taxes. If you click yes, then nobody else can claim you as their dependent on their tax return this year. See the FAQ below for more info. https://ttlc.intuit.com/replies/3299967
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bobking13
New Member
user26879
Level 1
basedday
New Member
realestatedude
Returning Member
Dnmck1
Returning Member
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill