Melissa, age 16, is claimed as a dependent on her parents' tax return. This year, Melissa earned $2,000 from babysitting and $1,280 interest income from a savings account. Compute Melissa's standard deduction.

Name: Melissa, age 16, is claimed as a dependent on her parents' tax return. This year, Melissa earned $2,000 from babysitting and $1,280 interest income from a savings account. Compute Melissa's standard deduction.
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Question

Quizplus · Accepted Answer

Greater of $2,000 earned income + $350 or $1,050.

Melissa, Age 16, Is Claimed as a Dependent on Her