Why does ur program say my standard deduction for single is 1050 causing me to pay 201 in federal taxes when it should be 6300 which means i would pay no tax?

[jerry2000]

Are you being claimed as a dependent?

[triciacasey10]

yes by my parents both me and my son

[jerry2000 · Accepted solution]

When you are claimed as a dependent, there are special rules that determine what your standard deduction is. Those rules are spelled out in IRS Pub. 501, at this link
https://www.irs.gov/pub/irs-pdf/p501.pdf

[Opus 17]

If you have unearned income more than $1050, it is taxable if you are someone else's dependent.  Unearned income is income from interest, investments, stocks and bonds, and certain other passive activities.  The $6300 limit applies to earned income (income from working or performing a service).