tbaby143
Jan 27, 2009, 07:09 PM
Hello I was just wondering what is the amount you get for claiming a child on 2008 return?
AtlantaTaxExpert
Jan 28, 2009, 03:53 PM
The dependency exemption is $3,500.
How much that affects your refund depends on your tax bracket.
Most people are in the 15% tax bracket, so the exemption increases their refund by $525.