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Jessica, age 16, is claimed as a dependent by her parents. During 2023, she had...

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Accounting

Jessica, age 16, is claimed as a dependent by her parents. During 2023, she had interest income from a bank savings account of $4,000 and income from a part-time job of $3,200. Jessica's taxable income is:
a) $7,200-$1,250 standard deduction =$5,950.
b) $7,200-$3,600 standard deduction =$3,600.
C) $3,200-$3,600 standard deduction =$0.
d) $7,200-$13,850 standard deduction =$0.
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