You work hard every day and much more tax season has come and appears like you won't get a lot of a refund again calendar year. This could turned into a good thing though.read always on. Remember, an individual exemption of $3650 isn't deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This forces you to under the marginal tax rate of 25%. So the money it will save you on personal exemption i...