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New Member
posted Jun 6, 2019 5:42:02 AM

Where is my $4050 exemption?

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1 Best answer
Level 15
Jun 6, 2019 5:42:04 AM

Personal exemptions are entered as a Tax Deduction, Not a Tax Credit.

Form 1040 Line 42

Form 1040A Line 26

You can view your Form 1040 at any time.  Click on Tax Tools on the left side of the screen.  Click on Tools.  Click on View Tax Summary.  Click on Preview my 1040 on the left side of the screen.

1 Replies
Level 15
Jun 6, 2019 5:42:04 AM

Personal exemptions are entered as a Tax Deduction, Not a Tax Credit.

Form 1040 Line 42

Form 1040A Line 26

You can view your Form 1040 at any time.  Click on Tax Tools on the left side of the screen.  Click on Tools.  Click on View Tax Summary.  Click on Preview my 1040 on the left side of the screen.