Compute the total standard deduction


Standard Deduction

Response to the following problem:

Compute each taxpayer's 2014 total standard deduction.

a. Bryce, age 20, is a full-time student. His parents claim him as a dependent. Bryce has interest income of $320 and wages from a part-time job of $3,800.

b. Same as in Part a., except that Bryce's wages are $6,500.

c. Heather, age 66, is married and files a separate return. Her husband also uses the standard deduction on his return.

d. Juliet, age 19, is blind and claimed as a dependent by her parents. Her only income is $5,200 of taxable interest.

 

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Taxation: Compute the total standard deduction
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