Question

An individual who is eligible to be claimed as a dependent on another's return and has 1,000 of earned income may claim a standard deduction of ________?

1) 1,350
2) 1,000
3) 2,000
4) 500

Answer 1

The standard deduction for an individual who can be claimed as a dependent on another's return with $1,000 of earned income depends on tax year specifics, but it is typically the greater of $1,000 or their earned income plus an additional amount.

Step-by-step explanation:

An individual who is eligible to be claimed as a dependent on another's return and has $1,000 of earned income may claim a standard deduction of the greater of $1,000 or their earned income plus a certain amount. However, without specific information regarding the tax year in question or any indexed increases to the standard deduction for dependents, exact figures cannot be provided.