Rebecca is a 22-year-old student with earned income of $11,300 from a summer job and dividend income

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Rebecca is a 22-year-old student with earned income of $11,300 from a summer job and dividend income of $1,250. Her parents claim her as a dependent on their tax return. What is Rebecca\'s basic standard deduction amount?

Related Book For answer-question

Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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Posted Date: May 14, 2024 02:42 AM

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Rebecca is a 22-year-old student with earned income of $11,300 from a summer job and dividend income

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For tax year 2021 the standard deduction for a dependent with earned income is limited to th... View the full answer

Income Tax Fundamentals 2015

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