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Level 1
December 7, 2019
Solved

DEPENDENTS STANDARD DEDUCTION .Federal 1040 shows 12,000 for dependent . Shouldn't it be 1050?

  • December 7, 2019
  • 2 replies
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Best answer by TAXOH

If they have more than $12,000 in earned income that would be correct. 

2 replies

Just-Lisa-Now-
Intuit Community Champion
December 7, 2019
What kind of income does the dependent have?  earned income or unearned income?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
TAXOH
TAXOHAnswer
Level 10
December 7, 2019

If they have more than $12,000 in earned income that would be correct.