Question

Is there a way to find out how the program came up with the standard deduction? My daughter and son got two different deduction amounts (both are students).

Forum|Forum|4 years ago
April 10, 2022
1 reply
0 views

I would like to know how the standard deduction was calculated. Is there a way to do that?

TurboTax Free Edition Online

Employee

TurboTax calculates the standard deduction according to tax law. For a dependent earning less than the standard deduction, the deduction will not be greater than earned income plus $350.

M

melissaozAuthor

Thank you. Do you know if the program has a way to access how they get that amount? I searched and couldn't find how they came up with that number.

X

xmasbaby0

Employee

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.**