Charlie is claimed as a dependent on his parents' tax return. He received $800 during the year in dividends, which was his only income. What is his standard deduction?
A) $800
B) $950
C) $1,100
D) $5,800
Answer: B
Charlie is claimed as a dependent on his parents' tax return. He received $800 during the year in dividends, which was his only income. What is his standard deduction?
A) $800
B) $950
C) $1,100
D) $5,800
Answer: B