Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children

Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children

Accounting

Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2019 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent).

 

a. Stephanie reported $1,450 of earnings from her babysitting.

 b. Stephanie reported $2,580 of earnings from her babysitting.

c. Stephanie reported $19,645 of earnings from her babysitting.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

As we know deduction of dependent should be $1100 or above. so,

 

a. Stephanie reported $1,450 of earnings from her babysitting;

Standard deviation= Earned income+ 350

= 1450+ 350

= 1800

 

b.) Stephanie reported $2,580 of earnings from her babysitting;

Standard deviation= Earned income+ 350

= 2580+ 350

= 2930

 

c.) Stephanie reported $19,645 of earnings from her babysitting;

Standard deviation= Earned income+ 350

= 19645+ 350

= 19995