Question
Taxpayer (TP) is eligible to claim Dependent (D) on TPs Form 1040 for 2022. D also has a Form 1040 to file. D is 17
Taxpayer (TP) is eligible to claim Dependent (D) on TPs Form 1040 for 2022. D also has a Form 1040 to file. D is 17 and is not blind. D realized W2 income of $15,000 and interest income of $1,000. In 2022, with regard to Ds basic standard deduction, the tax law says that the maximum amount of unearned income allowed $1,150 and $400 is added to Ds earned income. The additional standard deduction is $1,750. Also, for 2022 the basic standard deduction for a taxpayer filing single is $12,950.
QUESTION: What is Ds standard deduction for 2022 on Ds Form 1040? A. $15,400
B. $12,950
C. $1,150
D. $1,000
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