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Mathematics, 17.04.2021 06:00 gadgetady5699

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1)What is the requirement for filing taxes based upon?

2)Is it possible for a dependent minor to be required to file their own taxes?

3)What is the gross income amount, for 2020, that requires an independent, single individual to file their taxes?

4)Why might a dependent minor choose to file their own taxes?

5)Do dependent filers get the pre-calculated standard deduction amount?

Bonus question)
Judy is a full-time student, she’s single, age 22, and not blind. Her parents can claim her as a dependent on their tax return. She has interest income of $275 and wages of $2,500.

6)Based on the Chart B excerpt, is Judy required to file her own taxes?

7) Using the attached Standard Deduction Worksheet, what is Judy’s standard deduction amount?​​

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