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A minor dependent taxpayer earns $4,000 during the year as a grocery bagger and has $1,000 in investment income from holdings gifted at birth by
A minor dependent taxpayer earns $4,000 during the year as a grocery bagger and has $1,000 in investment income from holdings gifted at birth by their grandparents. What is the value of their standard deduction for TY2023? Select one: a. $1,600 b. $1,250 c. $4,700 d. $4,350
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