Exercise $3-19($Algorithmic$)($LO$.2)$

Compute the $2024$ standard deduction for the following taxpayers:

If an amount is zero, enter $"0".$

Click here to access the Exhibits $3\mathrm{.}4$ and $3\mathrm{.}5$ to use.

a$.$ Ellie is $15$ and claimed as a dependent by her parents. She has $$775$ in dividend income and $$2,400$ in wages from a part$-$time job.

b$.$ Ruby and Woody are married and file a joint tax return. Ruby is age $66,$ and Woody is $69.$ Their taxable retirement income is $$11,195.$

c$.$ Shonda is age $68$ and single. She is claimed by her daughter as a dependent. Her earned income is $$480,$ and her interest income is $$245.$

d$.$ Frazier, age $44,$ is married but is filing a separate return. His wife itemizes her deductions.