Severin,who is 20 years old and a full- time student,is claimed by his parent as a dependent.However,in 2016,he earned $5,350.What is the amount of the personal exemption that he can claim on his tax return?
A) $5,400.
B) $0.
C) $4,050.
D) $1,050.
Correct Answer:
Verified
Q91: Which amount represents the standard deduction for
Q92: The taxpayer's spouse died at the beginning
Q93: George is 21 years of age and
Q94: Jane,Joseph and John are supporting their father
Q95: What is the amount of the tax
Q97: Peter forgot to file his tax return
Q98: The IRS can impose a _ penalty
Q99: The basic standard deduction in 2016 for
Q100: Which of the following items would not
Q101: The basic standard deduction in 2016 for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents