Hunter, age 17, is claimed as a dependent on his parents' tax return. This year, Hunter earned $8,500 for appearing in a television commercial. Compute Hunter's standard deduction.

Question

Quizplus · Accepted Answer

As a dependent, Hunter's standard deduction for 2021 is $1,100 or his earned income plus $350, whichever is less. In this case, his earned income is $8,500, so his standard deduction would be $6,100. Therefore, the correct answer is (C).

Hunter, Age 17, Is Claimed as a Dependent on His