When a taxpayer can be claimed as a dependent on the tax return of another individual,the basic standard deduction for the taxpayer is limited to the greater of (a)________,or (b)the taxpayer's earned income plus $350,but not more than the amount of the basic standard deduction.
A)$1,000
B)$950
C)$1,050
D)$350

Question

Quizplus · Accepted Answer

The correct answer is (C) $1,050. This is because the basic standard deduction for a taxpayer who can be claimed as a dependent on someone else's tax return is limited to the greater of $1,050 or the taxpayer's earned income plus $350, up to the standard deduction amount for an individual.

When a Taxpayer Can Be Claimed as a Dependent on the Tax