Tax Drill $-$ Computing the Standard Deduction

Compute the $2023$ standard deduction for the following taxpayers. If an amount is zero, enter $"0".$

Click here to access the standard deduction table to use.

a$.$ Margie is $15$ and claimed as a dependent by her parents. She has $$800$ in dividends income and $$1,400$ 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 $$26,000.$

c$.$ Shonda is age $68$ and single. She is claimed by her daughter as a dependent. Her earned income is $$500$ and her interest income is $$125.$

d$.$ Frazier, age $55,$ is married but is filing a separate return. His wife itemizes her deductions.