Human immunodeficiency virus infection and acquired immune deficiency syndrome (HIV/AIDS) is a spectrum of conditions caused by infection with the human immunodeficiency virus (HIV). Following initial infection, a person may experience a brief period of influenza-like illness.he late symptoms of the infection are referred to as AIDS. This stage is often complicated by an infection of the lung known as pneumocystis pneumonia, severe weight loss, skin lesions caused by Kaposi's sarcoma, or other AIDS-defining conditions.
The IRS allows you a $3,800 deduction for each of your dependents. Credits come off your tax bill. If you owe the IRS $1,000 after calculating your taxes, and if you have a $1,000 tax credit, you donât owe the IRS anything.Having at least one dependent can qualify you for the earned income tax credit.Child dependents can also qualify you for a child care credit and a child tax credit. To claim the child tax credit, your dependent must be younger than 17.To claim the credit for child care, your child must be younger than 13.he IRS allows you a $3,800 deduction for each of your dependents. Credits come off your tax bill. If you owe the IRS $1,000 after calculating your taxes, and if you have a $1,000 tax credit, you donât owe the IRS anything.
Before 2010, higher-income taxpayers were subject to a phase-out rule that curtailed deductions for personal and dependent exemptions. That rule was gone for 2010, 2011 and 2012 but is back for 2013 and beyond.Also back is the phase-out of itemized deductions for high earners.Note: If you are subject to the Alternative Minimum Tax (AMT) , a parallel tax system that is increasingly affecting middle-income taxpayers, you cannot deduct personal or dependent exemptions.n exemption is an amount of money you can subtract from your Adjusted Gross Income, just for having dependents. Personal and dependent exemptions for yourself and qualifying family members reduce the amount of income on which you will be taxed. (in effect, these exemptions are the same as deductions).