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21-Henry (age 16) is claimed as a dependent by his parents, Charles and Abby. In 2020, Henry received $10,120 of qualified dividends, and he received

21-Henry (age 16) is claimed as a dependent by his parents, Charles and Abby. In 2020, Henry received $10,120 of qualified dividends, and he received $13,120 from a part-time job. What is Henry's taxable income for 2020? (Standard deduction)

Multiple Choice

  • $23,240

  • $22,140

  • $10,840

  • $9,770

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