Luisa's parents can claim her as a dependent on their tax return.In 2016,her only source of income was a part-time job as a medical clerk where she earned $2,600 during the year.What is Luisa's standard deduction?
A)$4,050.
B)$1,050.
C)$2,950.
D)$2,600.

Question

Quizplus · Accepted Answer

For a dependent, the standard deduction is the greater of $1,050 or earned income plus $350, up to the standard deduction for a single filer. Luisa's earned income is $2,600, so her standard deduction is $2,600 + $350 = $2,950.

Luisa's Parents Can Claim Her as a Dependent on Their