Deductible Expenses 430-05-55
Deductions 430-05-55-05
(Revised 11/01/07 ML3111)
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Deductions are automatically allowed by TECS.
Standard Deduction
Standard deduction based on counting eligible household members in determining household size is as follows:
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1 through 3 person household - $134.00
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4 person household - $143.00
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5 person household - $167.00
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6+ person household - $191.00
Earned Income Deduction
A twenty percent (20%) deduction is allowed from gross earned income.