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12tac70
New Member

I have claimed 2 dependents but I am not receiving the full 4,050 for both of them, am I doing something wrong or missing something?

 
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I have claimed 2 dependents but I am not receiving the full 4,050 for both of them, am I doing something wrong or missing something?

The $4050 personal exemptions for claiming a dependent lower the amount of income you are taxed on.  It is not a refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply

I have claimed 2 dependents but I am not receiving the full 4,050 for both of them, am I doing something wrong or missing something?

The $4050 personal exemptions for claiming a dependent lower the amount of income you are taxed on.  It is not a refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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