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studentH
New Member

I have $840 (1099 MISC) from a summer internship along with $867 from a retail job. So that's $1707 total, but Turbo Tax is saying my personal deduction is only $1217?

I thought personal deduction for a dependent was $350 + earned income?

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DDollar
Level 1

I have $840 (1099 MISC) from a summer internship along with $867 from a retail job. So that's $1707 total, but Turbo Tax is saying my personal deduction is only $1217?

It sounds like you have entered your 1099-MISC as "other income" instead of self-employed income on Schedule C.  Therefore it is only giving you the $350 plus earned income of $867 as your standard deduction.

View solution in original post

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DDollar
Level 1

I have $840 (1099 MISC) from a summer internship along with $867 from a retail job. So that's $1707 total, but Turbo Tax is saying my personal deduction is only $1217?

It sounds like you have entered your 1099-MISC as "other income" instead of self-employed income on Schedule C.  Therefore it is only giving you the $350 plus earned income of $867 as your standard deduction.

View solution in original post

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