Solved

Severin, Who Is 20 Years Old and a Full- Time

Question 5

Multiple Choice

Severin, who is 20 years old and a full- time student, is claimed by his parent as a dependent. However, in 2015, he earned $5,350. What is the amount of the personal exemption that he can claim on his tax return?


A) $3,950.
B) $1,000.
C) $0.
D) $5,400.

Correct Answer:

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