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Level 2
Mar 12, 2021 7:56 PM UTC
Solved

Dependent Standard Deduction

My grandson who is a college student is claimed by his parents as a dependent. We indicated he is claimed by someone else and that he does not provide 50% of his own support. Is he eligible for the Standard Deduction? Turbo Tax Deluxe is giving him the Standard Deduction. I need to make sure I do not inadvertently do something that negatively impacts his parent's tax filing.

    VolvoGirl
    VolvoGirlAnswer
    Level 15
    Mar 12, 2021 7:57 PM UTC

    The Standard Deduction for an individual for whom an exemption can be claimed on another person's tax return is limited to the greater of:

    …..$1,100 or

    …..Your earned income for the year + $350 (but not more than 12,400)

     

    So you would get a minimum of $1,100.

     

    See the 1040 worksheet on page 32
    https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

     

    2 replies

    VolvoGirl
    VolvoGirlAnswer
    Level 15
    Mar 12, 2021 7:57 PM UTC

    The Standard Deduction for an individual for whom an exemption can be claimed on another person's tax return is limited to the greater of:

    …..$1,100 or

    …..Your earned income for the year + $350 (but not more than 12,400)

     

    So you would get a minimum of $1,100.

     

    See the 1040 worksheet on page 32
    https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

     

    ndnacAuthor
    Level 2
    Mar 12, 2021 7:59 PM UTC

    That explains it. The standard deduction is based on his W-2 wages which were more than $12,400. Thank you