Jason's household consists of himself, his wife, and their 2-year-old daughter. How much can Jason claim for his exemptions in 2012?

Question

Quizplus · Accepted Answer

In 2012, for each exemption, the IRS allowed $3,800. Jason's household consists of three people (himself, his wife, and their daughter), so he can claim three exemptions. Multiplying 3 by $3,800 gives $11,400, not $11,850 as stated in the options. However, given the choices provided and assuming a typo in the question or options, D would be the closest correct answer if we follow the logic of $3,800 per exemption for three people.

Jason's Household Consists of Himself, His Wife, and Their 2-Year-Old