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Pat, Age 12, Received the Following Income in 2012  Dividends $2,900 Interest 1,900 Wages 500\begin{array} { l r } \text { Dividends } & \$ 2,900 \\\text { Interest } & 1,900 \\\text { Wages } & 500\end{array}

Question 58

Multiple Choice

Pat, age 12, received the following income in 2012:  Dividends $2,900 Interest 1,900 Wages 500\begin{array} { l r } \text { Dividends } & \$ 2,900 \\\text { Interest } & 1,900 \\\text { Wages } & 500\end{array} She deposited all her income in a savings account.Pat is a U.S.citizen and lives with her parents, who provide the full $13,000 annual cost of her support.Which statement is false?


A) Pat's parents may claim her as a dependent.
B) Pat has net unearned income of $2,900.
C) Pat has taxable income of $4,350.
D) Pat's standard deduction is $800.

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