I have one of my parents a qualified dependent.. But the amount for my dependant does not show.. Or will I have to submit first and then it will be applied?
So is that the amount we potentially can get
So is that the amount we potentially can get
After you add that person as a dependent, you get a $4,050 Personal Exemption (deduction from income) before the tax is calculated.
There are no tax credits for a parent dependent.
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