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Merlo
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Category: Tax
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Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
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how much is a dependent deduction on federal taxes.

Resolved Question:

how much is a dependent deduction on federal taxes.
Submitted: 8 years ago.
Category: Tax
Expert:  Merlo replied 8 years ago.

Hello chad,

 

For the tax year 2008, each dependent deduction is $3,500.

 

I am giving you a link below to a section of the IRS website with the current deduction amounts.

 

If this has been helpful please press the Accept key. Positive feedback is also appreciated.

 

Thank you.

 

http://www.irs.gov/newsroom/article/0,,id=174876,00.html

 

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