Cheryl is claimed as a dependent by her parents. She had a part- time job during 2018 and earned $4,900 during the year, in addition to $600 of interest income. What is her standard deduction?

Question

Quizplus · Accepted Answer

For a dependent, the standard deduction is the greater of $1,050 or earned income plus $350, up to the standard deduction limit for a single filer. Cheryl's earned income is $4,900, so $4,900 + $350 = $5,250.

Cheryl Is Claimed as a Dependent by Her Parents