If my parents can claim me as a dependent can I get standard deduction?
011540
1 Replies
xmasbaby0
Level 15
Jun 5, 2019 11:02:23 PM
You do get the standard deduction of $6300 when you are claimed as a dependent; that lowers the amount you can be taxed on. You do not get the personal exemption of $4050--you parents get that for you.