Example $1$

In $2024$ Webb & Beth are married, in the $37\%$ bracket and have one son, Vincent, age $15.$ Vincent has no income and is claimed as a dependent by his parents. Webb & Beth transfer stocks that earn $$3,000$ in dividends to Vincent. Their goal is to shift the $$3,000$ of income to him and use his standard deduction so they don't have to pay taxes on the income.

What is a regular single standard deduction?

What is Vincent's standard deduction ${?}^{-}$

Ex #$2-$ Assume Vincent has a part time job and earns $$2,000.$ Now what would his standard deduction be$?$

Ex #$3$ Assume Vincent earned $$15,000$ at his job. What would his standard deduction be$?$