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zackyonkin
New Member

Why is my standard deduction $2,233 if I am filing single and not the $12,200?

 
2 Replies
xmasbaby0
Level 15

Why is my standard deduction $2,233 if I am filing single and not the $12,200?

Are you someone else's dependent?

 

The standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,100 or the sum of $350 and the individual’s earned income (not to exceed the regular standard deduction amount).

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
MinhT1
Expert Alumni

Why is my standard deduction $2,233 if I am filing single and not the $12,200?

One possible explanation is that you are a dependent of another taxpayer.

 

If you can be claimed as a dependent by another taxpayer, your standard deduction for 2020 is limited to the greater of: (1) $1,100, or (2) your earned income plus $350 (but the total can't be more than the basic standard deduction for your filing status).

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