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About an individual getting a personal exemption for themselves _____.

a. They must be single to claim the exemption.
b. They cannot be claimed as a dependent on someone else's return.
c. They need to be married.
d. They must have at least three children.

User EmmanuelB
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Final answer:

An individual cannot claim a personal exemption for themselves if they are claimed as a dependent on someone else's tax return. No requirement of marital status or number of children affects this. Understanding one's dependency status is crucial for determining eligibility for personal exemptions in the context of taxation.

Step-by-step explanation:

About an individual getting a personal exemption for themselves, they cannot be claimed as a dependent on someone else's return. It is not a requirement to be single, married, or have any specific number of children to claim a personal exemption.

Instead, the key factor is whether or not the individual is considered a dependent on another person's tax return. The personal exemption is part of the calculation for taxable income, which for a single person in 2010, included a standard deduction and exemption totaling $9,350.

The basic concepts of taxation involve understanding adjusted gross income, deductions, and exemptions, but it is important to note that the ability to claim a personal exemption is tied to dependency status. If another taxpayer claims you as a dependent.

you are ineligible for the personal exemption for yourself. Tax rules can have exceptions, and tax situations can vary widely, making the process from simple forms like the 1040EZ to more complex ones necessary depending on one's financial situation.

User Sreevisakh
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