If I claim a dependent will it hurt me as far as a lower refund?

deltadawn229 · ‎June 4, 2019

will I get less of a refund back by claiming a dependent

xmasbaby0 · ‎June 4, 2019

When you claim a dependent, your own taxable income is lowered by $4050. The only way claiming a dependent might COST you is if you have to pay a healthcare penalty for claiming the person.

**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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xmasbaby0 · ‎June 4, 2019

When you claim a dependent, your own taxable income is lowered by $4050. The only way claiming a dependent might COST you is if you have to pay a healthcare penalty for claiming the person.

**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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If I claim a dependent will it hurt me as far as a lower refund?