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Deductions & credits
yeah, this unemployment causes a problem for those that CAN be claimed as a dependent.
please review @VolvoGirl 's formula for the standard deduction.
note that unemployment is considered 'UNEARNED' - and that is causing this issue - as the standard deduction formula is EARNED income + 350,
$1716 + $350 should be the standard deduction or $2,066.
‎April 25, 2021
6:18 PM