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-   -   Standard deduction for a dependent (https://www.askmehelpdesk.com/showthread.php?t=321821)

  • Feb 25, 2009, 05:38 AM
    bluegreenish
    Standard deduction for a dependent
    Hello, I decided to try doing my own taxes this year, but I came across a problem and hopefully I can seek help here.

    I want to ask what is the standard deduction for a dependent, such as myself.

    I know that it's earned income plus 300, but not exceeding the standard deduction for the single status.

    If I received a W-2 and 1099G (box 7), are both the numbers added up to get the earned income plus the $300?

    Is nonemployee compensation considered earned income??
  • Feb 25, 2009, 03:17 PM
    ebaines

    Your earned income consists of your wages, salary, tips, and othe compensation received for personal services you performed. So that means the amount on your W-2. The 1099-G Box 7 is reporting that you received an agricultural subsidy - I don't believe this would be considered "earned income."

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