For somebody losing $16k in exemptions, that $300 doesn’t mean much.
Mariner, you wrote — “For somebody losing $16k in exemptions, that $300 [credit] doesnt mean much.”
Definitely, as with starting by deducting $16k from my gross and then using $12k standard deduction versus losing the individual exemption it if I itemize means that I’m being taxed on $16k than I have in the past, even if there is no increase in my income for the year.