Question

Compute the standard deduction for the following taxpayers.

If an amount is zero, enter "0".

Click here to access the standard deduction table to use.

Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her earned income is $300, and her interest income is $785.

Answer 1

The standard deduction in the federal income tax is $12000 for single tax payer

If any person is above 65 years or above 65 years then deduction can be increased by $1600.

in the case :-

Shoda is age of 68 years (greater than 65)

normal standard deduction = $12000

additional deduction due to age = $1600

total deduction to Shoda = $13600

irrespective of income earned by Shoda the deduction can be availed to the extent of $13600.

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