Pat, age 12, received the following income in 2012: $$\begin{array} { l r }
\text { Dividends } & \$ 2,900 \
\text { Interest } & 1,900 \
\text { Wages } & 500
\end{array}$$ She deposited all her income in a savings account.Pat is a U.S.citizen and lives with her parents, who provide the full $13,000 annual cost of her support.Which statement is false?
A)Pat's parents may claim her as a dependent.
B)Pat has net unearned income of $2,900.
C)Pat has taxable income of $4,350.
D)Pat's standard deduction is $800.

Question

Pat, age 12, received the following income in 2012: $$\begin{array} { l r } 
\text { Dividends } & \$ 2,900 \
\text { Interest } & 1,900 \
\text { Wages } & 500
\end{array}$$ She deposited all her income in a savings account.Pat is a U.S.citizen and lives with her parents, who provide the full $13,000 annual cost of her support.Which statement is false?
A)Pat's parents may claim her as a dependent.
B)Pat has net unearned income of $2,900.
C)Pat has taxable income of $4,350.
D)Pat's standard deduction is $800.

Quizplus · Accepted Answer

The Answer of Pat, age 12, received the following income in 2012: $$\begin{array} { l r } 
\text { Dividends } & \$ 2,900 \
\text { Interest } & 1,900 \
\text { Wages } & 500
\end{array}$$ She deposited all her income in a savings account.Pat is a U.S.citizen and lives with her parents, who provide the full $13,000 annual cost of her support.Which statement is false?
A)Pat's parents may claim her as a dependent.
B)Pat has net unearned income of $2,900.
C)Pat has taxable income of $4,350.
D)Pat's standard deduction is $800.

Pat, Age 12, Received the Following Income in 2012 Dividends $2,900 Interest 1,900 Wages 500\begin{array} { l r } \text { Dividends } & \$ 2,900 \\\text { Interest } & 1,900 \\\text { Wages } & 500\end{array} Dividends Interest Wages ​$2,9001,900500​

Pat, Age 12, Received the Following Income in 2012 $\begin{array} { l r } \text { Dividends } & \$ 2,900 \\\text { Interest } & 1,900 \\\text { Wages } & 500\end{array}$