Can you PLEASE help me with these Tax questions? Using 2017 tax law, answer this

Question

Can you PLEASE help me with these Tax questions?

Using 2017 tax law, answer this question about the following scenario. Numbers in parentheses indicate age. Each taxpayer has only the income stated. Unless otherwise stated, each prospective dependent is an unmarried U.S. citizen who does not provide more than half of their own support. In no case will more than one taxpayer attempt to claim the same qualifying child as a dependent. No one other than the persons listed lived in the home.

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"Karla (25) is unmarried and was a full-time student from January through June. Karla worked part-time, but did not provide more than 50% support for herself or her son, Sam (1). Karla and Sam lived with Karla’s parents, Ron and Sue, the entire year. Karla’s wages were $7,204. Ron’s wages were $52,013; Sue’s wages were $38,750; Sam’s income was $350. Karla will allow her parents to claim Sam this year. Karla, Sam, Ron, and Sue had health care coverage all year through Ron's employer. Ron and Sue are not claiming any education or retirement savings contribution credits on their married filing jointly return."

What is the sum of Karla's standard deduction and her personal exemption?

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What is the amount of Karla's earned income credit?

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What is the sum of Ron and Sue's standard deduction and their exemptions?

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Explanation / Answer

Karla's Standard deduction would be $6350 in 2017 and her personal exemptions would be $4050.

Karla's earned income credit for 2017 would be $506.

Ron and Sue's combined standard deduction would be $12700

Their exemptions would be $8100

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