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I AM UNDER 18 AND HAVE A FEDERAL DEDUCTIONS OF 12000 I THAT RIGHT ? iT DOES NOT SEEM LIKE IT SHOULD BE THAT MUCH
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June 1, 2019
6:00 PM
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Get your taxes done using TurboTax
Your deduction if you are claimed as a dependent regardless of age is your earned income plus $350 up to $12,000. The standard deduction is only subtracted to $0. It does not take you to below $0 and does not give you a refund, of more than you paid in.
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June 1, 2019
6:00 PM