I am a 16 year old who is being claimed by his parents. Why is my standard deduction only 1,879 and not 6,300?

tomkhayt · ‎June 4, 2019

Rick19744 · ‎June 4, 2019

For taxpayers who are or can be claimed as dependents on another return, the standard deduction for 2016 is limited to the greater of (1) $1,050, or (2) earned income plus $350 (not to exceed the regular standard deduction).

This tells me you had earned income of $1,529.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

View solution in original post

Rick19744 · ‎June 4, 2019

For taxpayers who are or can be claimed as dependents on another return, the standard deduction for 2016 is limited to the greater of (1) $1,050, or (2) earned income plus $350 (not to exceed the regular standard deduction).

This tells me you had earned income of $1,529.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

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I am a 16 year old who is being claimed by his parents. Why is my standard deduction only 1,879 and not 6,300?