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I'm not sure that the deduction I was awarded is correct. It is much more than the amount of income I made in 2016.

Forum|Forum|7 years ago
June 5, 2019
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I am a single student. I made around $3,000 last summer, and I've been given a deduction of around $6,500. This seems like too much. Am I doing something wrong?

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Best answer by VolvoGirl

That's right. Everyone gets a Standard Deduction (or their Itemized Deductions whichever is more). For Single the Standard Deduction is $6,300.

Are you filing independent from your parents? If you are under 24 your parents can probably still claim you. Better check with them.

VolvoGirlAnswer

Employee

That's right. Everyone gets a Standard Deduction (or their Itemized Deductions whichever is more). For Single the Standard Deduction is $6,300.

Are you filing independent from your parents? If you are under 24 your parents can probably still claim you. Better check with them.