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Number of Exemptions on Tax Return

How many exemptions on tax returns can be filed?

That depends.

Taxpayers in the United States are allowed one tax exemption for each person they can qualify as a dependent on their tax return. They may also claim a personal exemption for themselves and for a spouse if the spouse qualifies as a dependent. Theoretically a taxpayer can file for as many exemptions as can be qualified; however the alternative minimum tax may be enforced if the IRS finds a large number of exemptions or other deductions.

This fact is verified on : March 8, 2010.





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