Myrtle, a single, 19-year-old, full-time student, is claimed as a dependent by her parents in 2022. She

Question:

Myrtle, a single, 19-year-old, full-time student, is claimed as a dependent by her parents in 2022. She has earned income of $13,000 and unearned income of $130. What is Myrtle’s 2022 standard deduction?

a. $0

b. $1,150

c. $3,350

d. $13,400

e. $12,950

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: