How much do you get for each dependent on your income tax?

Answer 1

The correct exemption amount for each qualifying dependent on your 1040 federal income tax return is 3650 for each one.

Each 3650 amount would be free of the federal income tax as the amount would reduce your adjusted gross income down to your taxable income line on your 1040 federal income tax return.

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. your filing status, your age and how you made your gross amount of all worldwide income amount and all of your information that is required for you to enter it correctly on each line of your 1040 income tax return and this will all be a part of the necessary information that you know and will have to enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT.

If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly.