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adakeith7
New Member

The standard deduction is $15,570 and it's only giving me $14, 083. Why?

Why is it not giving me the entire standard deduction?
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2 Replies

The standard deduction is $15,570 and it's only giving me $14, 083. Why?

The standard deduction is on the Form 1040 Line 12e.  Are you a dependent on someone else's tax return?

 

Look at your Form 1040 -

You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

 

dmertz
Level 15

The standard deduction is $15,570 and it's only giving me $14, 083. Why?

The result suggests that you are a dependent and your standard deduction is limited to your earned income of $13,633 plus $450.

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