Question

Nikkie and Jean have two children, Richard (age 4) and Roberta (age 3). For purposes of the parental tax, Richard has net unearned income of $6,000 and Roberta has net unearned income of $4,000. Assuming that their total parental tax for 2014 is $2,400, allocate the total parental tax to Richard and Roberta.
a. Richard’s parental tax $ ____________________
b. Roberta’s parental tax $ ____________________


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  • CreatedJuly 16, 2015
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