Question

Janice, age 16 and single, is claimed as a dependent on her parent's tax return. During 2019, she had earned income of $900 from a summer job and had no unearned income. Her standard deduction is:

a.The greater of $1,100 or ($900 earned income + $350).
b.The greater of $1,100 or ($900 earned income - $350).
c.$350.
d.The lesser of $1,100 or ($900 earned income + $350).
e.$0

Answer 1

Janice's standard deduction as a dependent is the greater of $1,100 or her earned income plus $350.

Step-by-step explanation:

Janice, as a dependent on her parent's tax return, can claim a standard deduction. The standard deduction is calculated as the greater of $1,100 or the sum of her earned income ($900) and an additional $350. So, the correct answer is (a) The greater of $1,100 or ($900 earned income + $350).