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New Member
posted May 31, 2019 7:41:53 PM

How to claim a personal exemption

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2 Replies
Level 15
May 31, 2019 7:41:55 PM

You enter yourself, spouse and any dependents under Personal Info.  If you are asking about yourself go to Personal Info and click Edit by your name.  Then scroll down to #3 and it asks......
Someone else can claim me as a Dependent,  Answer  yes or no.  You have to say NO to get your own personal exemption.

Each personal exemption is $4,050 subtracted from your income before the taxes are calculated.  Exemptions are on
1040 line 42
1040A line 26

Or for a 1040EZ the 4,050 is included on line 5 with the 6,300 standard deduction.  
So for Single line 5 would be 4,050+6,300 = 10,350
For Married line 5 would be 8,100+12,600 = 20,700

Level 15
May 31, 2019 7:41:57 PM

The personal exemption is automatically applied by the program for each taxpayer and dependent entered on the tax return.