I am going to be claimed as a dependent by my parents since I am only 17. The turbo tax is giving me the standard deduction of 15,750.00 Will my parents also get this?

jimmyjackpaul · ‎February 06, 2026

Why is turbo tax giving me this deduction if I can be claimed by my parents on their tax return?

xmasbaby0

The standard deduction is the amount of your income you do not pay tax on. You are not "getting" that amount as a refund. Your parents also get a standard deduction on their own tax return, based on their filing status.

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I am going to be claimed as a dependent by my parents since I am only 17. The turbo tax is giving me the standard deduction of 15,750.00 Will my parents also get this?