What is a tax exemption?

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I see on my first W-2 form stating "$6000 yearly exemption". What does that mean?

2007-01-27 02:14:36 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

It means that if you make under $6000, you don't have to file your taxes, I think. . .

2007-01-27 17:27:19 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Where do you see that on your W2?

2007-01-27 02:34:01 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋