Why is turbo-tax showing a $4557 standard deduction on my account? I am a full time college student who is a dependent (living with family).

[MinhT · Accepted solution]

As you are a dependent, your standard deduction is calculated differently.

Your standard deduction may be reduced if you are claimed as a dependent on another person's tax return. If you were another person's dependent during 2018, your standard deduction will generally be limited to the greater of $1,050 or your earned income plus $350.

[nmtf4]

Thank you for your response! That helped a lot.