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New Member
posted Jun 3, 2019 10:31:10 AM

Dependent's income: how does it affect my return if they file?

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1 Best answer
New Member
Jun 3, 2019 10:31:11 AM

Your dependent's income will not affect your tax return. They need to indicate on their tax return that someone can claim them as a dependent. The personal exemption will then stay with you. Your dependent is still able to take the standard deduction amount.

1 Replies
New Member
Jun 3, 2019 10:31:11 AM

Your dependent's income will not affect your tax return. They need to indicate on their tax return that someone can claim them as a dependent. The personal exemption will then stay with you. Your dependent is still able to take the standard deduction amount.