- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
The box cannot be left empty. It is tied into the Standard Deduction section on Form 1040 from the IRS. It must be answered. You won't be able to file your return without answering the question.
If someone can claim you as a dependent, the standard deduction that reduces your taxable income is smaller.
If you claim yourself, more of your income is excluded from being taxed because of a larger standard deduction.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 19, 2022
8:53 AM