Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 27, 2025 11:26:12 AM

Turbo tax states that the standard deduction applied to my grandaughter's tax return is $12,200 instead of the correct amount of $14,600. Why the lower amount?

0 3 824
3 Replies
Level 15
Mar 27, 2025 11:31:05 AM

Is she being claimed as a dependent on someone else's tax return?

 

The standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,250 or the sum of $400 and the individual’s earned income (not to exceed the regular standard deduction amount of $14,600).

 

Level 15
Mar 27, 2025 11:39:21 AM

Actually for 2024…..The 2024 Standard Deduction for an individual for whom an exemption can be claimed on another person's tax return is limited to the greater of:

…..$1,300 or

…..Your earned income for the year + $450 (but not more than 14,600)

 

So you would get a minimum of $1,300

Level 15
Mar 27, 2025 11:43:07 AM

@VolvoGirl Thanks----I clicked the prior year numbers for part of my reply...oops.