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Define Dependency exemption

What is Dependency exemption ?


Dependency exemption is the amount that taxpayers can claim for their eligible dependents. Each exemption reduces the income subject to tax. The exemption amount is a set amount that changes from year to year.

Defining Dependency exemption Tax Refund

Definition: Tax Terms

Tax Dictionary - Forms and advice to e-file your taxes online today.
What are taxes? They are a charge imposed by the government on people, entities, or on property in order to raise revenue.

Where is my tax refund? Good question! When you e-file your taxes you need to understand what Dependency exemption means, before you may receive a fast tax refund online.

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