Deductions 430-05-55-05

(Revised 01/01/21 ML 3602)

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IM 5445

 

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 - $181.00
• 5 person household - $212.00
• 6+ person household - $243.00

 

Earned Income Deduction

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