My parents claim me for 2023 as dependent b/c they supported me for more than 1/2 the year. doesn't that lower my standard deduction? Turbo Tax isn't adjusting for that .

[maddiecerulli24]

IRS worksheet seems to want me to add $300 to my income to accommodste this, thereby reducing my standard deduction and increasing my liability

[xmasbaby0]

If you indicated in MY INFO that you can be claimed as someone else's dependent, the software is going to do all of those calculations for you--you do not have to figure out your standard deduction yourself.

The standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,250 or the sum of $400 and the individual’s earned income (not to exceed the regular standard deduction amount of $13,850).