Essay
Maxine,who is 76 years old and single,is appropriately claimed as a dependent on her daughter Beth's tax return.During 2017 she received $500 interest on a savings account.She had a part time job that earned $3,000.Her total itemized deductions were $1,300.
Required: Compute Maxine's taxable income for 2017.Show all calculations.
Correct Answer:

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Correct Answer:
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