Deductible Expenses 430-05-55

 

Deductions 430-05-55-05

(Revised 01/01/04 ML2893)

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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:

 

Earned Income Deduction

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