Ed's Parents Can Claim Him as a Dependent on Their

question 70

Multiple Choice

Ed's parents can claim him as a dependent on their tax return. In 2015, his only source of income was $1,050 of interest income received from Global Bank. What is Ed's standard deduction?

• A) $1,050.
• B) $1,000.
• C) $4,000.
• D)$350.

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Definitions:

FMI

Failure Mode Identifier, a diagnostic code in automotive and machinery industries indicating the type of failure in a system.

DLCs

Downloadable Content; additional content created for an existing video game, distributed through the internet.

J1939

A standard for communication and diagnostics among vehicle components, primarily in the commercial vehicle industry, facilitating inter-system interoperability.

Volvo-Mack Chassis

A structural framework specific to Volvo-Mack trucks, designed to support the vehicle's engine, drivetrain, and other components.