Question
Sam and Abby are dependents of their parents, and each has income of $2,100 for the year. Sams standard deduction for the year is $1,050,
Sam and Abby are dependents of their parents, and each has income of $2,100 for the year. Sams standard deduction for the year is $1,050, while Abbys is $2,450. As their income is the same, what causes the difference in the amount of the standard deduction?
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QuickBooks Step-by-Step Guide To Bookkeeping And Accounting For Beginners
Authors: Kevin Ellis
1st Edition
1951345126, 978-1951345129
