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Peter is a sixteen year old child who is claimed as a dependent by his parents. Peter's only income is $1,400 from his bank savings

Peter is a sixteen year old child who is claimed as a dependent by his parents. Peter's only income is $1,400 from his bank savings account. What is the amount of Peter's standard deduction for 2021?

Group of answer choices

$1,200

$1,750

$1,100

$12,200

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