McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 8

Stephanie is a twelve-year old who often assists neighbors on weekends by babysitting their children.Calculate the 2011 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 $6,200 of earnings from her babysitting.