Answer:
Step-by-step explanation:
As of my last knowledge update in January 2022, I can provide general information, but tax laws can change, and it's advisable to consult with a tax professional or check the latest IRS guidelines for the most accurate and up-to-date information.
As of the information available until my last update, a dependent with earned income below a certain threshold may not be required to file a federal tax return. For the tax year 2021, the standard deduction for a dependent with earned income is usually the greater of $1,100 or earned income plus $350, up to the basic standard deduction amount.
In your case:
\[ \text{Standard Deduction} = \text{Greater of} \ ( \text{Earned Income} + $350, $1,100 ) \]
\[ \text{Standard Deduction} = \text{Greater of} \ ( $3,850 + $350, $1,100 ) \]
\[ \text{Standard Deduction} = \text{Greater of} \ ( $4,200, $1,100 ) \]
Since $4,200 is greater, the standard deduction for the dependent would be $4,200.
If the dependent's gross income is equal to or less than the standard deduction, they may not be required to file a federal tax return. However, it's essential to consider other factors, such as unearned income or specific situations that might affect the filing requirement. Always check the latest IRS guidelines or consult with a tax professional for the most accurate advice based on the current tax laws.