Which of the following individuals must file a tax return in 2016 a Carolyn is single and age 66 She receives $2,000 of interest income, $3,000 of dividend income, and $6,000 in Social Security benefits b Tim is single, age 18, and a full time student He is claimed as a dependent on his parents ' t...

a Carolyn is not required to file 6300 standard deduction 1550 extr ...

Which of the following individuals must file a tax return in 2016? a. Carolyn is single and

Question:

Which of the following individuals must file a tax return in 2016?
a. Carolyn is single and age 66. She receives $2,000 of interest income, $3,000 of income, and $6,000 in Social Security benefits.
b. Tim is single, age 18, and a full-time student. He is claimed as a dependent on his parents' tax return. Tim earned $2,000 from a part-time job and $400 in interest income.
c. Justin is single, age 25, and a full-time graduate student. He earned $8,750 from a part-time job.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...