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Q1. Compute the standard deductions (including both basic and additional standard deductions) for the following taxpayers in 2018. a. Margie is 15 and claimed as

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Q1. Compute the standard deductions (including both basic and additional standard deductions) for the following taxpayers in 2018. a. Margie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job. b. Ruby and Woody are married and file a joint tax return. Ruby is age 66 and Woody is age 69. Their taxable retirement income is $10,000. Q2. Bob provides more than half of his mother's support. His mother earns $6,000 per year as a hairdresser. She lives in an apartment across town. Bob is unmarried and has no children. What is Bob's most advantageous filing status? Please explain

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