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Business, 24.10.2019 04:00 onewaydemon

Taylor, age 18, is claimed as a dependent by her parents. for 2012, she records 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".

taylor's standard deduction is $.

taylor's personal exemption is $.

taylor's taxable income is $.

compute taylor's "net unearned income" for the purpose of the kiddie tax. $

assume that taylor's federal income tax rate is 10% and her parents' tax rate is 28%. if taylor's parents file a joint return and report taxable income of $130,000, then taylor's tax is $.

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Taylor, age 18, is claimed as a dependent by her parents. for 2012, she records the following income...
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