Question: Compute the 2 0 2 4 standard deduction for the following taxpayers: 1 . Shonda is age 6 8 and single. She is claimed by

Compute the 2024 standard deduction for the following taxpayers:
1. Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her earned income is $500, and her interest income is $125.
2. Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividend income and $1,400 in wages from a part-time job.

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