The amount one can deduct for each exemption has increased from $3,650 to $3,700.
About the author
I have a Bachelor of Science in Accounting from Weber State University and I earned my Enrolled Agent certificate by taking a 2 day, 16 hour test given by the Internal Revenue Service. I am one of the few participants who passed the test the first time. This certificate means that I am licensed to practice before the Internal Revenue Service on your behalf.