Goodday441
Returning Member

Deductions & credits

Thank you for the information regarding Pub 501.  I came up with the allowed deduction which was less than the $12K standard.  The difference in tax owed for my allowed deduction and the $12K standard is approximately $800. If my parents did not claim me, do you think I could take the full $12K or would I still be subject to a lesser deduction due to the unearned income?