Determine the amount of standard deduction for tax year 2013.

A) Curtis, age 18, has income as follows: $700 interest from a certificate of deposit and $6,000 from repairing cars.

B) Mattie, age 18, has income as follows: $600 cash dividends from a stock investment and $4,700 from handling a paper route.

C) Mel, age 16, has income as follows: $800 interest on a bank savings account and $700 for painting a neighbors fence.

D) Lucy, age 15, has income as follows: $400 cash dividends from a stock investment and $500 from grooming pets.

E) Sarah, age 67 and a widow, has income as follows: $500 from a bank savings account and $3,200 from babysitting.

Requirements: Clearly identify the requirements being addressed. Show all calculations within the cells of the provided Excel spreadsheet. This means that you must use formulas and links so that the thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions. Submit a single MS Excel file for grading.

	Answer	Explanation	Calculations
a
b
c
d
e