Question: Exercise 9-2 (Algorithmic) (LO. 2) Compute the standard deduction for the following taxpayers. If an amount is zero, enter O Click here to access the


Exercise 9-2 (Algorithmic) (LO. 2) Compute the standard deduction for the following taxpayers. If an amount is zero, enter "O" Click here to access the standard deduction table to use. Ellie is 15 and claimed as a dependent by her parents. She has $350 in dividend a. 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 $13,145 Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her C. earned income is $480, and her interest income is $650. d. Frazier, age 48, is married but is filing a separate return. His wife itemizes her deductions. 9.4 Amount of Each Additional Standard Deduction Filing Status 2018 2019 Single $1,600 $1,650 Married, filing jointly 1,300 1,300 Surviving spouse 1,300 1,300 Head of household 1,600 1,650 Married, filing separately 1,300 1,300 Exercise 9-2 (Algorithmic) (LO. 2) Compute the standard deduction for the following taxpayers. If an amount is zero, enter "O" Click here to access the standard deduction table to use. Ellie is 15 and claimed as a dependent by her parents. She has $350 in dividend a. 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 $13,145 Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her C. earned income is $480, and her interest income is $650. d. Frazier, age 48, is married but is filing a separate return. His wife itemizes her deductions. 9.4 Amount of Each Additional Standard Deduction Filing Status 2018 2019 Single $1,600 $1,650 Married, filing jointly 1,300 1,300 Surviving spouse 1,300 1,300 Head of household 1,600 1,650 Married, filing separately 1,300 1,300
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