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Phoebe is a 1 4 - year old with $ 5 0 0 0 of unearned income. She had no earned income for the year.

Phoebe is a

14 -

year old with $

5000

of unearned income. She had no earned income for the year. The first $

1300

of that income is tax

-

free because of the dependent standard deduction.

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