How do I claim a dependency exemption for my dependent child under Age 17. I am married filing jointly?

Question

I could not find find dependency exemption in the form 1040ez. I want to claim exemption for my dependent child under Age 17. What amount of exemption will I get?

Answer 1

You can't claim dependents on a 1040EZ. You'll have to file a 1040A, or a 1040 if you itemize.

You'll get a $3300 exemption for your child, plus if you owe taxes, you'll get a child tax credit that will wipe out up to $1000 of your total tax.

Answer 2

You have to file a tax return. This will be either Form 1040 or Form 1040A. Claiming married filing joint, your standard deduction is $10,300. For yourself and your spouse, you get two personal exemptions. This is $3,300 each for a total of $6,600. For a dependent child under age 17, you get one additional dependent exemption of $3,300, plus you can also claim a child tax credit of $1,000, subject to income limitations.

Answer 3

You can not claim a dependant on the 1040EZ
You need to complete either the 1040A or the 1040 to claim dependants
The exemption amount is $3,300.00 per person claimed on the return

Answer 4

There should be a place to enter the number of exemptions. You would enter 3.

I don't use that form, but that's how they are usually arraigned. The IRS does worse every year with the design of their forms.

I assume that the 17 year old dependant was not in your household prior to last year. Be sure somebody else is not claiming him/her for 2006.