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Get your taxes done using TurboTax
I am curious about this also. Our son is a full time college student, but had earned income of $15,000 in 2020. We are claiming him on our taxes as a dependent. When preparing his tax return, I checked that he can be claimed as dependent on someone else's return I said yes. However, it is applying the standard deduction of $12,400 and I don't this is correct? Thoughts????
May 17, 2021
5:52 AM