Deductions 430-05-55-05

(Revised 09/01/2020 ML3587)

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IM 5407

 

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 - $167.00
• 4 person household - $178.00
• 5 person household - $209.00
• 6+ person household - $240.00

 

Earned Income Deduction

A twenty percent (20%) deduction is allowed from gross earned income.