a. Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job. $_____ ANSWER IS $1,800
b. Ruby and Woody are married and file a joint tax return. Ruby is age 66, and Woody is 69. Their taxable retirement income is $10,000. $______
27,800
c. Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her earned income is $500, and her interest income is $125. $____
2,800
d. Frazier, age 55, is married but is filing a separate return. His wife itemizes her deductions. $____
answer is 0
Exhibit 3.4
Basic Standard Deduction Amounts
Filing Status is 202 Standard Deduction Amount
2023
Single $13,850
Married, filing jointly 27,700
Surviving spouse 27,700
Head of household 20,800
Married, filing separately 13,850
Exhibit 3.5
Additional Standard Deduction Amounts
Filing Status 2023
Single $1,850
Married, filing jointly 1,500
Surviving spouse 1,500
Head of household 1,850
Married, filing separately 1,500
