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Level 2
posted Sep 18, 2019 1:01:17 PM

Standard deduction impacts when not claiming child as a dependent

When filing the return for my dependent child, TurboTax reduces the standard deduction from $12,000 to $350 plus the earned income amount if earned income is less than $700, and also reduces the tax due if the dependent is not claimed on another's return. I haven't been able to trace the calculation backup for the reduced tax amount.  Can someone steer me in the right direction?

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1 Replies
Level 15
Sep 18, 2019 1:30:05 PM

IRS Publication 501 Dependents, Standard Deduction,  and Filing Information page 23 Standard Deduction for
Dependents https://www.irs.gov/pub/irs-pdf/p501.pdf#page=23

 

IRS Publication 501 Table 8. Standard Deduction Worksheet for Dependents page 25 - https://www.irs.gov/pub/irs-pdf/p501.pdf#page=25