Personal Exemption Amount Raised to $3,500
Saturday December 8, 2007
For tax year 2008, the personal exemption amount will be $3,500. For 2007, the amount was $3,400. Taxpayers can claim an exemption for themselves and for each dependent.
Easy steps to take control of your credit card debt. More >
Discover financial planning opportunities with these three tips. More >
©2010 About.com, a part of The New York Times Company.
All rights reserved.
No comments yet. Leave a Comment