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What is Tim's refund? A dependent can claim as a deduction the higher of the two amounts: $850, or the amount of earned income plus
What is Tim's refund? A dependent can claim as a deduction the higher of the two amounts: $850, or the amount of earned income plus $300, up to $5,450. Tim is a dependent who earned $410 part-time sweeping floors at Bart's Grocery and earned $87 in interest. His employer withheld $26.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
