Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2022 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent).

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter1: The Individual Income Tax Return
Section: Chapter Questions
Problem 13MCQ
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-Stephanie reported $2,040 of earnings from her babysitting. What is the standard deduction?
[The following information applies to the questions displayed below.]
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their
children. Calculate the 2022 standard deduction Stephanie will claim under the following
independent circumstances (assume that Stephanie's parents will claim her as a dependent).
Transcribed Image Text:[The following information applies to the questions displayed below.] Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2022 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent).
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