The same thing that they were for the 2009 tax year. 3650 for each exemption on the MFJ 1040 income tax return.
The exemption amount for 2009 and 2010 is 3650 for each name that is a qualifying exemption on the 1040 tax form. This is July 28 2010.
For each name on the 1040 income tax return you will have one exemption amount of 3650 for each one for the tax year 2009 and probably for the tax year 2010 and this date is July 24 2010.
The cast of Seniors Rocking - 2010 includes: Anna Halprin
3 June 2010
For a qualifying child dependency exemption the amount is 3650 for each exemption for the year 2009
Exemption
The standard deduction is a set amount that reduces your taxable income, while the personal exemption is an additional amount you can deduct for yourself and each of your dependents. The standard deduction is a fixed amount set by the government, while the personal exemption amount can vary depending on your filing status and other factors.
NO. The dependency exemption amount is never prorated for the year on the income tax return. It is the full amount or zero no exemption. Born on the last day of the year I exemption for that year died on the first day of the year 1 exemption for that year. If they met and you meet all of the rules to be your qualifying dependent on your 1040 income tax return.
As of 2020, the personal exemption has been eliminated from federal tax returns. You do not need to put any amount for personal exemption on your tax return.
Each exemption is equal to an amount of income that is "exempted" from taxation. Hence it lowers your taxable income and therefore tax.
Each individual qualified taxpayer or qualified dependent that is listed on the federal 1040 income tax return has 1 exemption on that income tax return and for the tax year 2009 and 2010 tax year 1 qualified exemption amount on that tax return would be 3650.
2008: $2 million; 2009: $3.5 million; 2010: no estate taxes, so not required; 2011 and thereafter: $1 million.