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How do you calculate exemptions?

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One exemption on the 1040 tax form for the tax year 2009 and 2010 is 3650.
Each additional qualifying exemption on the 1040 tax form you would have an additional 3650.
If this is about your exemptions on the W-4 form Employee's Withholding Allowance Certificate
Go to the IRS.gov web site and on the left side of the page under ONLINE SERVICES choose IRS Withholding Calculator
If you are an employee, the Withholding Calculator can help you determine whether you need to give your employer a new Form W-4, Employee's Withholding Allowance Certificate to avoid having too much or too little Federal income tax withheld from your pay. You can use your results from the calculator to help fill out the form.
Who Can Benefit From The Withholding Calculator?
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