Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate...
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2020 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie’s parents will claim her as a dependent).
a. Stephanie reported $850 of earnings from her babysitting
b. Stephanie reported $1,500 of earnings from her babysitting
c. Stephanie reported $18,000 of earnings from her babysitting.
Homework Answers
a
Stephanie can claim a standard deduction of $1,200, the greater of the minimum standard deduction ($1,050) or $350 plus her earned income ($850).
b.
Stephanie can claim a standard deduction of $1,850, the greater of the minimum standard deduction ($1,050) or $350 plus her earned income ($1,500).
c.
Stephanie can claim a standard deduction of $12,400, the greater of the minimum standard deduction ($1,050) or $350 plus her earned income but limited to the maximum standard deduction for her filing status, (single is $12,400 for 2020)
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Stephanie is 12 years old and often assists neighbors on
weekends by babysitting their children. Calculate...
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate...
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). . Stephanie reported $1,350 of earnings from her babysitting. Standard deduction
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate...
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Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate...
Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). b. Stephanie reported $2,220 of earnings from her babysitting. Standard deduction
Required information [The following information applies to the questions displayed below.) Stephanie is 12 years old...
Required information [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 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). b. Stephanie reported $1.500 of earnings from her babysitting, Standard deduction
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Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). . Stephanie reported $1,350 of earnings from her babysitting. Standard deduction
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Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). b. Stephanie reported $2,220 of earnings from her babysitting. Standard deduction
Required information [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 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). b. Stephanie reported $1.500 of earnings from her babysitting, Standard deduction
Help me correct answers. Show explanation
Required information Problem 6-54 (LO 6-3) (Static) [The following information applies to the questions displayed below.] Jackson is 18 years old and has a dog-sitting business. Calculate the 2020 standard deduction Jackson will claim under the following independent circumstances. Problem 6-54 Part-a (Static) Jackson reported $2,000 of earnings from his dog sitting and $300 in interest income from his savings account. Jackson's parents claim him as a dependent. Standard deduction $ 2,350 Required information...
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