Business, 17.02.2020 19:37 jamesgotqui6

Taylor, age 18, is a dependent of her parents. In the current year, she has the following income: $4,000 wages from a summer job, $1,800 interest from a money market account, and $2,000 interest from City of Boston bonds. If an amount is zero, enter "0". a. Determine the following: Taylor's standard deduction for the year is $ . Taylor's taxable income for the year is $ . b. Compute Taylor's "net unearned income" for the purpose of the kiddie tax. $ Click here to access the 2019 tax rate schedule. Compute Taylor's income tax. $

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Taylor, age 18, is a dependent of her parents. In the current year, she has the following income: $4...

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