Home › Forums › FAQ’s › Exemption amount Taggedamountdependentexemption 0 replies, 1 voice Last updated by Refundtalk 2 years, 8 months ago RefundtalkKeymaster @admin December 4, 2016 at 11:45 pm #1143 The amount you can deduct for each exemption has increased. It was $4,000 for 2015. It is $4,050 for 2016. Use this thread to connect with others and share your experiences here! [fbcomments] If You Found The Information Here Was Useful Please Consider Sharing This Page! Tweet Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.