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Lewis, who is single, is claimed as a dependent by his parents. He received $2,000 during the year in dividends, which was his only income.
Lewis, who is single, is claimed as a dependent by his parents. He received $2,000 during the year in dividends, which was his only income. What is his standard deduction for 2020?
A.$2,000
B.$2,350
C.$12,400
D.$1,100
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