How Much Can I Deduct for Each Exemption I Claim?

 

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Personal exemption deductions for yourself, your spouse, or your dependents, have been eliminated by the Tax Cuts and Jobs Act beginning after December 31, 2017, and before January 1, 2026.


Disclaimer

Conclusions are based on information provided by you in response to the questions you answered. Answers do not constitute written advice in response to a specific written request of the taxpayer within the meaning of section 6404(f) of the Internal Revenue Code.


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