Problem 1: The regular standard deduction amount is available to which one of the following taxpayers?
a. Married taxpayer filing a separate return where the other spouse itemizes.
b. A person who has only unearned income and is a dependent of another.
c. An individual filing a return for a period of less than 12 months because of a change in accounting period.
d. An abandoned spouse.
Problem 2: Lewis, who is single, is claimed as a dependent on his parents' tax return. He received $1,000 during the year in dividends, which was his only income. What is his standard deduction?
a. $850
b. $1,000
c. $1,300
d. $5,150
Problem 3: Charlie is claimed as a dependent on his parents' tax return. He received $750 during the year in dividends, which was his only income. What is his standard deduction?
a. $750
b. $850
c. $1,050
d. $5,150