Paige, age 17, is a dependent of her parents. Her parents report taxable income of $120,000 on

Question:

Paige, age 17, is a dependent of her parents. Her parents report taxable income of $120,000 on their joint return (no qualified dividends or capital gains). During 2022, Paige earned $3,900 pet sitting and $4,300 in interest on a savings account. What are Paige’s taxable income and tax liability for 2022?

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