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Get your taxes done using TurboTax
@NCperson wrote:
what standard deduction is $21,343? I can't figure that out.
Filing MFJ and one or both can be claimed as a dependent, earned income of $20,993 + $350 = $21,343 standard deduction. See the Standard Deduction Worksheet for Dependents on page 33 of the IRS Instructions for Form 1040, and Mike9241's post above.
Mike9241 wrote: "the only way this can happen is if you are filing jointly but one or both can be claimed as dependents. then your standard deduction will be your earned income (wages) +350."
‎August 12, 2022
11:44 AM
1,186 Views