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What is morgan standard deduction

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Reference no: EM132803418

Problem 1: Morgan is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Morgan's standard deduction?

a. $12,400

b. $14,050

c. $20,300

d. $18,650

e. $20,000

Problem 2: Taxpayers who are 65 or older get the benefit of:

a. An additional exemption

b. An additional amount added to their standard deduction

c. An additional amount added to their itemized deductions

d. None of the above

Reference no: EM132803418

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