true or false

in 2023, Tim is 66 and single. if he has itemized deductions of $14,000, he should not claim the standard deduction

true or false

Mary and Colton are married and file a joint return. Both are 65 years of age and Colton is blind. Their standard deduction for 2023 is $30,700.

true or false

Matt, age 46, is a surviving spouse. If he has itemized deductions of $28,250 for 2023, matt should not claim the standard.

True or false

Cate, age 68 claims head of household filing status. If she has itemized deductions $20,950 for 2023, she should claim the standard deduction.

True or false

Nathan, age 16 is claimed a dependent by his parents. During 2023 he earned $950 at a car wash. Nathans standard deduction is $1650. $1250+$400

True or false

Macy, age 18 is claimed as a dependent by her mother. During 2023, Macy earned $1200 in interest income on a savings account. Her standard deduction is $1650. $1250+$400

True or false

Nicki, age 16 is claimed as a dependent by her parents. During 2023, she earned $5600 working at a supermarket. Her standard deduction is $6000. $5600 earned income + $400

True or false

In 2023, a kid (minor) who has unearned income of $2500 or less cannot be subject to kiddie tax.

True or false

Norman is a cash basis attorney. This year he performed in the connection with the formation of a corporation and received stock with a value of $4,000 for his services. By the end of the year, the value of the stock had decreased to $2,000. He continued to hold the stock. Norman must recognize $4,000 of gross income from the stock for the current year.

thank u

on which part

on which part