Enter exemptions
- In the Self and Spouse field, view the number of exemptions Quicken believes you have so far.
Tell me moreThis value is set on the Tax Planner Options page. If the value isn't correct, click Status in the top-left corner of the Tax Planner, and select the appropriate value in the Filing Status list. All options give you 1 exemption, except for Married Filing Jointly, which gives you 2.
- In the Dependents field, enter the number of dependents.
- Tell me more
This number, in addition to the standard exemption for you and/or your spouse, determines your total exemptions.
You automatically receive an exemption of $3,400 for each exemption you claim. However, the exemption is phased out once your adjusted gross income goes above a certain level.
For this filing status The level begins at Married filing joint/qualifying widow(er) $234,600 Single $156,400 Head of household $195,500 Married filing separately $117,300