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Deductions & credits
With the tax law change, effective 2018, dependents with earned income (jobs)* will get the same standard deduction whether they claim themselves or not. The personal exemption has been eliminated and the standard deduction increased. However, he only qualifies for an education credit , if he is not a dependent.
*Assuming they make, at least $13,450 for the year.
March 31, 2024
6:04 PM