Tom is 36 years old and has never been married. Frank, age 13, is Tom's nephew who lived with him all year. Tom provided all of his support and provided over half the cost of keeping up the home. Tom earned $44,000 in wages. Tom is blind and cannot be claimed as a dependent by another taxpayer. Tom and Frank are U.S. citizens, have valid Social Security numbers, and lived in the U.S. the entire year. 2. Tom is blind and can claim a standard deduction amount of: A. $12,950 B. $19,400 C. $21,150 D. $25,900
Tom is 36 years old and has never been married. Frank, age 13, is Tom's nephew who lived with him all year. Tom provided all of his support and provided over half the cost of keeping up the home. Tom earned $44,000 in wages. Tom is blind and cannot be claimed as a dependent by another taxpayer. Tom and Frank are U.S. citizens, have valid Social Security numbers, and lived in the U.S. the entire year. 2. Tom is blind and can claim a standard deduction amount of: A. $12,950 B. $19,400 C. $21,150 D. $25,900
Chapter1: The Individual Income Tax Return
Section: Chapter Questions
Problem 12MCQ: Margaret, age 65, and John, age 62, are married with a 23 -year-old daughter who lives in their...
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT