rudokingbro1817 rudokingbro1817

31-05-2024
Business

Answered

A minor dependent taxpayer earns $4,000 during the year as a grocery bagger and has $1,000 in investment income from holdings gifted at birth by their grandparents. What is the value of their standard deduction for Tax Year 2023?

a. $4,700
b. $1,600
c. $4,350
d. $1,250

Answer :

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