Question
Larry (age 64) and Kay (age 63) are raising their granddaughter, Sophia, who qualifies as their dependent. Sophia is blind. Larry and Kay file a
Larry (age 64) and Kay (age 63) are raising their granddaughter, Sophia, who qualifies as their dependent. Sophia is blind. Larry and Kay file a joint return in the current year. What is their total standard deduction?
a. $12,200.
b. $18,350.
c. $24,400.
d. $25,700.
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Credit Derivatives Handbook Global Perspectives Innovations And Market Drivers
Authors: Greg Gregoriou, Paul Ali
1st Edition
0071549528, 978-0071549523
