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New Member
posted Jun 3, 2019 5:16:20 PM

Should I get a standard deduction if my parents are claiming me on their tax return

Does the standard deduction apply to my return if my parents are claiming me on their tax return

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1 Replies
Expert Alumni
Jun 3, 2019 5:16:21 PM

Yes, but your standard deduction will be reduced depending on your level of income (i.e., if you're filing Single, your standard deduction won't be $12,000 as it is for taxpayers not being claimed as a dependent by someone else.. it will be < $12,000).