Charlie is claimed as a dependent on his parents tax return. He had a small part-time job during 2007 and he earned $4,900 during the year, which...

I:2-46. Charlie is claimed as a dependent on his parents tax return. He had a small part-time job during 2007 and he earned $4,900 during the year, which was his only income. What is his standard deduction? A. $850 b. $4,900 c. $5,150 d. $5,200 c, p. I:2-12; Example I:2-7.