Deductible Expenses 430-05-55
Deductions 430-05-55-05
(Revised 10/01/11 ML3286)
Deductions are automatically allowed by TECS.
Standard Deduction
Standard deduction based on counting eligible household members in determining household size is as follows:
- 1 through 3 person household - $147.00
- 4 person household - $155.00
- 5 person household - $181.00
- 6+ person household - $208.00
Earned Income Deduction
A twenty percent (20%) deduction is allowed from gross earned income.