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Henry, age 70 and single, is claimed as a dependent on his daughter's tax return. During 2017, he had interest income of $4,000 and $800

Henry, age 70 and single, is claimed as a dependent on his daughter's tax return. During 2017, he had interest income of $4,000 and $800 of earned income from consulting. Henry's taxable income is:

a.$1,400.

b.$1,300.

c.$2,100.

d.$0.

e.None of these choices are correct.

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Incorrect. $4,000 gross income greater of $1,050 or ($800 earned income + $350) $1,550 (additional standard deduction for age 65 and older) = $1,300.

Why is Henry's gross income only 4000? Why is his consulting work not included?

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