How much is a child's tax deduction?

If parents lists x number of children on their tax return, how much money is deducted from their income for each child?

I%26#039;m not asking about the $1,000 tax credit, child care tax credit, or how much a child can earn tax free.

What is the raw value of the tax deduction?

How much is a child%26#039;s tax deduction?

First off, it%26#039;s not a deduction but an exemption. Each exemption that you claim reduces your taxable income by $3,400 for 2007.

How much is a child%26#039;s tax deduction?

TFTP Report It

How much is a child%26#039;s tax deduction?

ya boston guy be right

How much is a child%26#039;s tax deduction?

The exemption, the amount that%26#039;s subtracted from your income for each child before taxes are calculated, is $3400 for 2007. It usually goes up a little every year.