Difference between revisions of "When Is A Tax Case Considered A Felony"

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Revision as of 17:50, 21 July 2025


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A personal exemption reduces your taxable income so you get paying lower taxes. You could be even luckier if the exemption brings you a new lower tax bracket. For the year 2010 it is $3650 per person, same in principle as last year's amount. This year 2008, was $3,500. It is indexed yearly for inflation.

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