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QUESTION 1 Calculate the amount of the Standard Deduction for the following taxpayer: Theo is 20 years old, in good health, and single. He is

QUESTION 1 Calculate the amount of the Standard Deduction for the following taxpayer: Theo is 20 years old, in good health, and single. He is claimed as a dependent on his parents' tax return. He has wages of $4,000 and interest income of $850

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