Essay
Warren, age 17, is claimed as a dependent by his father. In 2019, Warren has dividend income of $1,500 and earns
$400 from a part-time job.
a. What is Warren's taxable income for 2019?
b. Suppose that Warren earned $1,200 (not $400) from the part-time job. What is his taxable income for 2019?
Correct Answer:
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a. $800. Warren's standard deduction is ...View Answer
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