Hazel is 63 years old, single, and in excellent health. What is her standard deduction for 2021?

Group of answer choices

1,700

18,800

12,550

14,250

Net unearned income of a child under age 19 with a living parent (up to age 24 if full time student and claimed as a dependant) is taxed at the parents' marginal rates, although net unearned income does not include standard deduction of $1,100 for unearned income and next $1,100 of income which is taxed at the child's marginal tax rate.

Group of answer choices

True

False