Standard Deduction

BettyBoop34 · ‎May 17, 2021

Using Turbo Tax my daughter's standard deduction came up as 5, 174 - why isn't it 12,400?

xmasbaby0 · ‎May 17, 2021

Is she being claimed as a dependent?

The standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,100 or the sum of $350 and the individual’s earned income (not to exceed the regular standard deduction amount).

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎May 17, 2021

Is she being claimed as a dependent?

The standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,100 or the sum of $350 and the individual’s earned income (not to exceed the regular standard deduction amount).

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

BettyBoop34 · ‎May 17, 2021

Thank you!

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Standard Deduction