FREE Trial

Myrtle, a single, 19-year-old, full-time student, is claimed as a dependent by her parents in 2022. She has earned income

Question:

Myrtle, a single, 19-year-old, full-time student, is claimed as a dependent by her parents in 2022. She has earned income of $13,000 and unearned income of $130. What is Myrtle’s 2022 standard deduction?

a. $0

b. $1,150

c. $3,350

d. $13,400

e. $12,950

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 66% (3 reviews)

E Standard…View the full answer


answer-question
Answered By
tutor-profile-image
Brown Arianne
Detail-oriented professional tutor with a solid 10 years of experience instilling confidence in high school and college students. Dedicated to empowering all students with constructive feedback and practical test-taking strategies. Effective educator and team player whether working in a school, university, or private provider setting. Active listener committed to helping students overcome academic challenges to reach personal goals.
4.60+ 2+ Reviews 10+ Question Solved
Related Book For  answer-question
Income Tax Fundamentals 2023

Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

See More Books
Question Details
Chapter # 1
Section: Multiple Choice Questions
Problem: 30
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: February 25, 2023 00:34:23
See More Questions

Students also viewed these Social Science questions

Q:
Taylor, age 18, is claimed as a dependent by her parents. For 2014, she has the following income: $4,000 of wages from a summer job, $1,800 of interest from a money market account, and $2,000 of...
A:
a Wages 4 000 Money market interest 1 800 Bond interest City of Boston bond......
Q:
Taylor, age 18, is claimed as a dependent by her parents. For 2017, she has the following income: $4,000 of wages from a summer job, $1,800 of interest from a money market account, and $2,000 of...
A:
a Wages 4 000 Money market interest 1 800 Bond interest City of Boston bond interes......
Q:
Taylor, age 18, is claimed as a dependent by her parents. For 2021, she has the following income: $6,000 wages from a summer job, $800 interest from a money market account, and $300 interest from...
A:
Solution a Standard deduction of Taylor for 2021 A dependent child s standard deduction is limited t......
Q:
? Fisheries Bhd is a small listed company involves in fishing and selling fish to the public via retail outlets. The company owns a building that was acquired in early September 2014 for RM1,200,000,...
A:
Solution Fisheries Bhd a Calculation of interest to be capitalised for the construction of Fleur Boat Borrowing cost RM 500000 12 8 12 RM 40000note 8......
Q:
Use a computer to find the probabilities for all possible x values for a binomial experiment where n _ 30 and p _ 0.35.
A:
x P x x P x x P x 1 0 0000 8 0 1009 15 0 0351 2 0 000......
Q:
Almeda Products, Inc., uses a job-order costing system. The companys inventory balances on April 1, the start of its fiscal year, were as follows: During the year, the following transactions were...
A:
1 a Raw Materials 170 000 Accounts Payable 170 000 b Work in Process 144 000 Manufacturing Overhead......
Q:
Explain fully what you believe are the most important features in the successful implementation and management of organisational change.
A:
Successful implementation and management of organizational change is a complex process that requires careful planning and execution Here are some of the most important features for achieving success i......
Q:
Posters.com is a small Internet retailer of high-quality posters. The company has $1,000,000 in operating assets and fixed expenses of $ 150,000 per year. With this level of operating assets and...
A:
1 b c Net Average a Operating Operating ROI Sales Income Assets b c 2 500 000 475......
Q:
2.10 LAB: Set basics Given the user inputs, complete a program that does the following tasks: Define a set, fruits, containing the user inputs myFruit1, myFruit 2, and my Fruit3. Add the user input...
A:
myFruit1 input myFruit2 input myFruit3 input yourFruit1 input you......
Q:
1. What type of team(s) do these employee teams appear to be? Explain. 2. As this story illustrated, sometimes it may take a long time for a team to reach its goal. As a manager, how would you...
A:
1 Boeing is using a problem solving team where members share ideas or offer suggestion......
Q:
Joyce purchased General Electric stock four years ago for $10,000. In the current year, she sells the stock for $25,000. What is Joyces gain or loss? a. $15,000 long-term gain b. $15,000 short-term...
A:
A Gain of 15 000 25 000......
Q:
Which of the following is not a capital asset to an individual taxpayer? a. Stocks b. A 48-foot sailboat c. Raw land held as an investment d. Inventory in the taxpayers business e. All of the above...
A:
D Business......
Q:
During 2017, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,000. Compute the amount of FICA taxes that should be withheld from her: OASDI HI a. 9th paycheck b....
A:
OASDI HI a 9th paycheck 434 00 101 50 b 17th p......
Q:
A 10-m-long and 10-mm-inner-diameter pipe made of commercial steel is used to heat a liquid in an industrial process. The liquid enters the pipe with T i = 25C, V = 0.8 m/s. A uniform heat flux is...
A:
To determine the required surface heat flux qs the surface temperature at the exit Ts and the pressure loss through the pipe we can use principles of heat transfer and fluid mechanics We ll break this......
Q:
On average, super insulated homes use just 15 percent of the fuel required to heat the same size conventional home built before the energy crisis in the 1970s. Write an essay on super insulated...
A:
Title The Energy Revolution Super Insulated Homes Introduction As the world grapples with the challenges of climate change and energy sustainability the concept of super insulated homes has emerged as......
Q:
A house built on a riverside is to be cooled in summer by utilizing the cool water of the river, which flows at an average temperature of 15C. A 15-m-long section of a circular duct of 20-cm diameter...
A:
To determine the outlet temperature of the air as it leaves the underwater portion of the duct and the fan power input needed to overcome the flow resistance we can use the principles of heat transfer......
Q:
In the United States, building insulation is specified by the R-value (thermal resistance in hft 2 F/Btu units). A homeowner decides to save on the cost of heating the home by adding additional...
A:
The rate of heat loss through a building component such as a ceiling is inversely proportional to it......
Q:
A tube with a square-edged inlet configuration is subjected to uniform wall heat flux of 8 kW/m 2 . The tube has an inside diameter of 0.622 in and a flow rate of 2.16 gpm. The liquid flowing inside...
A:
To calculate the friction coefficient f at a location along the tube where the Grashof number Gr is given we ll use the Dittus Boelter equation which......
Q:
The following information is available about the status and operations for Department G of Honda Company, which has a minimum required ROI of 20%. Answer each item independently of the others....
A:
b Computation of the Residual Income Particulars Amount Divisional Income 575 000 Division investm......
Q:
What are the two components of a company's income tax provision? What does each component represent about a company's income tax provision?
A:
A company computes its current income tax expense or benefit and its deferred income tax......
Q:
Your supervisor has asked you to research the following situation concerning Shanita Mauer. Shanita worked and lived in Los Angeles, CA. She accepted a new position with her firm in Dallas, TX....
A:
Research Solution Whittenburg Gill and Altus Buller CPAs San Diego CA July 12 20xx Relevant Facts Sh......
Q:
Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The cost of installing the pool was $20,000, and her insurance company paid $5,000...
A:
8 000 20 000 5 000 7 000 Since the pool was prescribed it qualifies as a me......
Q:
Richard donates publicly traded Gold Company stock with a basis of $1,000 and a fair market value of $15,000 to the college he attended, which is considered a public charity. Richard has owned the...
A:
Richard is allowed to deduct 15 000 on his Schedule A even though his purchase......
Employment Law for Human Resource Practice 4th edition - ISBN: 1111972192 - Free Book