If I'm married filing joint, and I am an independent contractor and I don't claim any business expenses do we automatically get the standard exemption of $24,000?

 
WillK
Intuit Alumni

Get your taxes done using TurboTax

Yes, your business expenses have nothing to do with the standard deduction, so it does not matter what you claim for the business expenses, the standard deduction will be $24,000. 

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