Dealing With Tax Problems: Easy As Pie: Difference between revisions

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Revision as of 03:23, 5 October 2024

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A personal exemption reduces your taxable income so you find yourself paying lower taxes. You may well be even luckier if the exemption brings you with lower tax bracket. For the year 2010 it is $3650 per person, equal to last year's amount. Around 2008, sum of was $3,500. It is indexed yearly for rising prices.

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