Wilma,age 70 and single,is claimed as a dependent on her daughter's tax return.During 2014,she had interest income of $2,500 and $800 of earned income from babysitting.Wilma's taxable income is:
A)$750.
B)$900.
C)$1,750.
D)$2,200.
E)None of these.

Question

Quizplus · Accepted Answer

$3,300 gross income - greater of $1,000 or ($800 earned income + $350)- $1,550 (additional standard deduction for age 65 and older)= $600.She is not eligible for a personal exemption.

Wilma,age 70 and Single,is Claimed as a Dependent on Her