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Standard deduction impacts when not claiming child as a dependent
When filing the return for my dependent child, TurboTax reduces the standard deduction from $12,000 to $350 plus the earned income amount if earned income is less than $700, and also reduces the tax due if the dependent is not claimed on another's return. I haven't been able to trace the calculation backup for the reduced tax amount. Can someone steer me in the right direction?
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‎September 18, 2019
1:01 PM