![]() ![]() The personal exemption amount “phases out” for taxpayers with higher incomes. However, if somebody else can list you as a dependent on their tax return, you are not permitted to claim a personal exemption for yourself. You are allowed to claim one personal exemption for yourself and one for your spouse (if married). Married Filing Jointly or Qualifying Widow(er) Taxable Income 2016 Federal Tax Rates, Tax Tables, Personal Exemptions and Standard Deductions I am always finding myself looking up the Federal and California tax brackets so I thought I would add the info here for quick reference. ![]()
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