The taxpayer required to file a 2018 federal income tax return is an unmarried dependent age ____
1.Unmarried dependent (18) of another taxpayer, gross income
$4,500, all from wages
$4,500 + $350 = $4,850 which is less than $6,100
No
2.Unmarried dependent (2) of another taxpayer, gross income
$1,100 all from interest
Yes. Income from interest is over $1,000
3.Unmarried dependent (16) of another taxpayer, gross income
$1,000 ($800 wages plus $200 interest)
No. Gross income $1,000 is not greater than the larger of $1,000
and EI+$350 ($1,100)
4.Unmarried dependent (16) of another taxpayer, gross income
$1,075 ($700 wages plus $375 interest).
Yes
Unearned income ($375) is less than $1,000
Earned income ($700) is less than $6,100
BUT, Gross income ($1,075) is greater than the larger of $1000 and
Earned Income + $350 ($1,050)
Get Answers For Free
Most questions answered within 1 hours.