Tax Deductions..? How many should we take?

posted 3 years ago in Money
Post # 4
Member
1248 posts
Bumble bee

http://www.irs.gov/uac/Six-Important-Facts-about-Dependents-and-Exemptions-1

Your spouse is never considered your dependent. On a joint return, you may claim one exemption for yourself and one for your spouse. If you’re filing a separate return, you may claim the exemption for your spouse only if they had no gross income, are not filing a joint return, and were not the dependent of another taxpayer.

Post # 6
Member
11717 posts
Sugar Beekeeper
  • Wedding: November 1999

If you’re that concerned about basically breaking even, you should go talk to a tax professional. 

Post # 7
Member
1248 posts
Bumble bee

@futuremrsk18:  Actually I believe it is one each. As pp said, it would be prudent to consult a professional.

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