Question
Allie is 17 years old and qualifies as a dependent of her parents. Allie earned $3,400 in wages and $200 in interest income during 2023.
Allie is 17 years old and qualifies as a dependent of her parents. Allie earned $3,400 in wages and $200 in interest income during 2023. What is Allie's basic standard deduction for 2023?
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For tax year 2023 the basic standard deduction for a dependent child is 12200 However this ...Get Instant Access to Expert-Tailored Solutions
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Taxation For Decision Makers 2014
Authors: Shirley Dennis Escoffier, Karen Fortin
6th Edition
978-1118654545
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