Solved

Tony, Age 15, Is Claimed as a Dependent by His

Question 71

Multiple Choice

Tony, age 15, is claimed as a dependent by his grandmother.During 2019, he had interest income from Boeing Corporation bonds of $1,000 and earnings from a part-time job of $800.Tony's taxable income is:


A) $1,800.
B) $1,800 - $800 - $1,100 = ($100) .
C) $1,800 - $1,150 = $650.
D) $1,800 - $1,100 = $700.
E) None of these.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions