Question: Edit question Jill, age 20 and single, is a full-time student at the University of Illinois. Her parents provide over one-half of her support and
Edit question
Jill, age 20 and single, is a full-time student at the University of Illinois. Her parents provide over one-half of her support and claim her as a dependent on their tax return. In 2021, Jill had $7,400 of income, which consisted of $6,000 in wages earned during the summer as a lifeguard, and $1,400 interest on a savings account. Her itemized deductions for 2021 were $400.
Jill's standard deduction is:
Jill's personal exemption is
Jill's taxable income is:
Assume the same facts as in part 60.-63., except that all $7,400 of Jill's income consisted of interest on a savings account.
Jill's standard deduction is:
Jill's taxable income is:
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