Benjamin, age 16, is claimed as a dependent by his parents.During 2012, he earned $700 at a car wash.Benjamin's standard deduction is $1,250 ($950 + $300).

Question

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Even though Benjamin's parents claimed him as a dependent, he is still required to file a tax return if his earned income is above the threshold. For 2012, the filing threshold for a dependent with earned income was $5,950. Therefore, Benjamin must file a tax return and his standard deduction for 2012 would have been $950 (since he had earned income).

Benjamin, Age 16, Is Claimed as a Dependent by His