Severin,who is 20 years old and a full- time student,is claimed by his parent as a dependent.However,in 2017,he earned $5,350.What is the amount of the personal exemption that he can claim on his tax return?
A)$4,050.
B)$1,050.
C)$0.
D)$5,400.

Question

Quizplus · Accepted Answer

Since Severin is claimed as a dependent by his parents, he cannot claim a personal exemption on his tax return. Prior to tax year 2018, dependents were allowed to claim a personal exemption, but this is no longer the case.

Severin,who Is 20 Years Old and a Full- Time Student,is