Claiming Dependents and Exemptions for 1963 Tax Returns
This article explains exemptions for taxpayers and dependents in 1963, detailing $600 personal and spousal exemptions, and $600 per dependent. It covers who qualifies as a dependent, including children, relatives, and friends, with age rules and conditions about support. It notes special cases for students, full-time work, and scholarships, and warns how joint returns and income affect claiming dependents.