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user55561
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Does being claimed as dependent affect the amount that is due and or the refund?

 
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DanielV01
Expert Alumni

Does being claimed as dependent affect the amount that is due and or the refund?

Probably not.  Whether or not you are claimed as a dependent this year, you receive the same standard deduction this year:  $12000.  However, when you are claimed as a dependent, you generally are not allowed to claim other credits, and definitely cannot claim other dependents.  Otherwise, you will not see a difference in your taxable income if you are claimed as a dependent on another return.

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1 Reply
DanielV01
Expert Alumni

Does being claimed as dependent affect the amount that is due and or the refund?

Probably not.  Whether or not you are claimed as a dependent this year, you receive the same standard deduction this year:  $12000.  However, when you are claimed as a dependent, you generally are not allowed to claim other credits, and definitely cannot claim other dependents.  Otherwise, you will not see a difference in your taxable income if you are claimed as a dependent on another return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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