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Brian is an unmarried dependent child who works part time at a local restaurant. During the year, Brian earns $4,800 and receives $150 in interest income from his savings. How much is Brian's standard deduction for the year? $4,800 $5,200 O>$12,000 $1,100

Brian is an unmarried dependent child who works part time at a local restaurant. During the year, Brian earns $4,800 and receives $150 in interest income from his savings. How much is Brian's standard deduction for the year? $4,800 $5,200 O>$12,000 $1,100

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Brian is an unmarried dependent child who works part time at a local restaurant. During the year, Brian earns $4,800 and receives $150 in interest income from his savings. How much is Brian's standard deduction for the year? O $4,800 O $5,200 O>$12,000 O $1,100
Transcribed Image Text:Brian is an unmarried dependent child who works part time at a local restaurant. During the year, Brian earns $4,800 and receives $150 in interest income from his savings. How much is Brian's standard deduction for the year? O $4,800 O $5,200 O>$12,000 O $1,100
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