Charlie is claimed as a dependent on his parents' tax return in 2014.He received $8,000 during the year from a part-time acting job,which was his only income.What is his standard deduction?
A)$1,000
B)$6,200
C)$8,000
D)$8,350

Question

Quizplus · Accepted Answer

As a dependent, Charlie's standard deduction is limited to the greater of $1,000 or his earned income plus $350, up to the regular standard deduction of $6,200. Therefore, his standard deduction is $6,200.

Charlie Is Claimed as a Dependent on His Parents' Tax