☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Apr 18, 2022 7:32:40 PM

Why is my deduction lower than the standard?

Right now it says my standard deduction is $6,132. I am a dependent and my income was $7,101.

0 1 255
1 Replies
Level 15
Apr 18, 2022 7:35:04 PM

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).