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johnM6406
New Member

head of household dependant deduction

 
3 Replies
macuser_22
Level 15

head of household dependant deduction

Do you have a question?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
johnM6406
New Member

head of household dependant deduction

Here's the question, is the dependent deduction different depending on income?  Last year my deduction was $2,000, this year, Turbo Tax only gave a $500 deduction?  My income is a bit up but not hugely.  

macuser_22
Level 15

head of household dependant deduction


@johnM6406 wrote:

Here's the question, is the dependent deduction different depending on income?  Last year my deduction was $2,000, this year, Turbo Tax only gave a $500 deduction?  My income is a bit up but not hugely.  


Yes it can be but how old is the dependent?

 

$500 would be the amount for a dependent over the age of 16 at the end of the year.

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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