Phil, age 20, is single and can be claimed as a dependent on his parent's return. He had $150 in interest income and wages of $7,000. What is his standard deduction? a. $7,000 b. $7,150c. $7,350 d. $12,000
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Home » Business » Phil, age 20, is single and can be claimed as a dependent on his parent's return. He had $150 in interest income and wages of $7,000. What is his standard deduction? a. $7,000 b. $7,150c. $7,350 d. $12,000