What is the amount of the personal and dependency exemption for 2016?
A)$3,975.
B)$6,300.
C)$4,050.
D)$4,000.

Question

Quizplus · Accepted Answer

The personal and dependency exemption for 2016 is $4,050. Option A is incorrect as it is the personal exemption amount for 2015. Option B is incorrect as it is the standard deduction amount for an individual in 2016. Option D is incorrect as it is the personal exemption amount for 2014.

What Is the Amount of the Personal and Dependency Exemption