Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 5:11:35 PM

How much money should I get for 2 dependents? Do I count my self as a dependent?

0 2 2072
2 Replies
Level 15
Jun 4, 2019 5:11:36 PM

No you do not count yourself.  You already get your own personal exemption unless you can be claimed as a dependent on someone else’s return.  You don’t get a set amount for dependents.  You get a $4,050 tax deduction for each person and dependent listed on your return.  That is subtracted from your income before the tax is calculated so you get taxed on a lower amount.

Level 2
Jun 4, 2019 5:11:37 PM

Please use this IRS "test" link to decide who is a qualifying dependent.

 https://www.irs.gov/help/ita/whom-may-i-claim-as-a-dependent


Each personal exemption is $4050 

https://www.irs.gov/charities-non-profits/other-non-profits/requirements-for-exemption