Question

A person who is claimed as a dependent on someone else's tax return can claim ____ exemption(s) and at least a ____ standard deduction on his or her own tax return.

A) Zero, zero
B) One, one
C) Two, two
D) Three, three

Answer 1

A person who is claimed as a dependent on someone else's tax return can claim zero exemptions and at least a standard deduction on his or her own tax return.

Step-by-step explanation:

A person who is claimed as a dependent on someone else's tax return can claim zero exemptions and at least a standard deduction on his or her own tax return.

When a person is claimed as a dependent on someone else's tax return, they cannot claim their own personal exemption. The person claiming them as a dependent gets to take the exemption.

However, the dependent can still claim at least the standard deduction on their own tax return. The standard deduction is a set amount that reduces a taxpayer's taxable income. In 2010, for a single person, the standard deduction was $5,700.