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Question 4 ( 1 point ) Listen Ryan is 1 6 years old, single, and claimed as a dependent by his parents. He earned $

Question 4(1 point)
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Ryan is 16 years old, single, and claimed as a dependent by his parents. He earned $5,000 this year working in a restaurant, and received an additional $1,500 in interest income from a savings bond his grandparents bought for him when he was born. What is Ryan's standard deduction? Recall that the standard deduction for a single (independent) taxpayer is $13,850 and that, for individuals claimed as a dependent on another person's tax return, the 2023 standard deduction is the greater of (1) $1,250 or (2) $400 plus earned income not to exceed the standard deduction amount of those who are not dependents.
$13,850
$6,900
$5,400
$1,250
$0
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