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Get your taxes done using TurboTax
@nocilor wrote:
Thank you.
Interesting, feels strange when IRS would give up on taxing this my parent's income in this case.
That's what the standard deduction is for. Under current tax law, the first $13,850 of income is tax-free (for single adults).
March 18, 2024
9:54 AM
1,648 Views