Earned Income Tax Credit | Dependents and Exemptions – What Are the Differences?

Dependents and Exemptions – What Are the Differences?

For many people, tax forms are a complete nightmare, being totally impossible to understand. Most of the confusion is related to the words used on tax forms. Amongst all of these fancy words that are hard to understand, there are two words that this article will clear up for you. They are dependents and exemptions.

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