Sunday, November 6, 2011

How to calculate personal exemptions on taxes?

On my W4, I am claiming 2 exemptions: 1 - single and 1 - For myself. So that's 2 exemptions on W4. However, when I am completing taxes for the year (ie. 1040A), i can only claim 1 exemption (myself). Why are the numbers different between the W4 and 1040A?

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