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  • 12-03-2024
  • Business
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What is his total taxable income? A dependent can claim as a deduction the higher of the two amounts: $850, or the amount of earned income plus $300, up to $5,450. Tim is a dependent who earned $410 part-time sweeping floors at Bart's Grocery and earned $87 in interest. His employer withheld $26.
A) $410
B) $487
C) $597
D) $497

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