Dependency Exemptions: Special Rules
In his Tax Tips column, Sidney Kess, of counsel at Kostelanetz & Fink, writes: One of the most basic write-offs in tax law is the dependency exemption, which is supposed to offset some of the cost of supporting a child or other person. There is no cap on the number of dependency exemptions that can be claimed. However, a variety of specialized rules may limit the dependency exemption or impact who can claim the deduction for a certain dependent.
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