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Get your taxes done using TurboTax
Standard deduction is limited for dependents:
Dependents – If you can be claimed as a dependent by another taxpayer, your standard deduction for 2023 is limited to the greater of: (1) $1,250, or (2) your earned income plus $400 (but the total can't be more than the basic standard deduction for your filing status).
March 25, 2024
7:12 PM