Which of the following is not required to subject a taxpayer to the tax on unearned income
Question:
Which of the following is not required to subject a taxpayer to the tax on unearned income of minors (kiddie tax) in 2019?
a. Must be claimed as a dependent
b. 18 years of age or younger (full time student up to age 23)
c. Both parents must be living
d. Net unearned income must exceed $2,200 e. All of the above are required
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
C Both parents must be living The k idd ie tax applies to taxpa...View the full answer
Answered By
DHRUV RAI
As a tutor, I have a strong hands-on experience in providing individualized instruction and support to students of all ages and ability levels. I have worked with students in both one-on-one and group settings, and I am skilled in creating engaging and effective lesson plans that meet the unique needs of each student.
I am proficient in using a variety of teaching techniques and approaches, including problem-based learning, inquiry-based learning, and project-based learning. I also have experience in using technology, such as online learning platforms and educational software, to enhance the learning experience for my students.
In addition to my teaching experience, I have also completed advanced coursework in the subjects that I tutor, including mathematics, science, and language arts. This has allowed me to stay up-to-date on the latest educational trends and best practices, and to provide my students with the most current and effective teaching methods.
Overall, my hands-on experience and proficiency as a tutor have equipped me with the knowledge, skills, and expertise to help students achieve their academic goals and succeed in their studies.
0.00
0 Reviews
10+ Question Solved
Related Book For
Income Tax Fundamentals 2020
ISBN: 9780357108239
38th Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
Question Posted:
Students also viewed these Business questions
-
Which of the following is not required by generally accepted auditing standards? a. Written representations. b. Attorney letter. c. Management letter. d. Engagement letter.
-
Which of the following is NOT required to be disclosed, pursuant to FASB Statement No. 144? a. Operating income or loss from discontinued component reported on the income statement b. A description...
-
which of the following is not required to be proven to hold a defendant liable for negligent conduct? a. intent to do the harm. b. duty. c. breach of duty. d. physical injury or financial loss. e....
-
An array is bitonic if it consists of an increasing sequence of keys followed immediately by a decreasing sequence of keys. Given a bitonic array, design a logarithmic algorithm to find the index of...
-
Delineate several common tendencies to distort perceptions. Give an example of how each could adversely affect communication.
-
Production of the manufactured concrete structures, thousand cub. meter, is indicated in the table below mentioned. What control measures can be implemented in Risks Assessment techniques to recover...
-
What roles might more recent analysis activities, such as data mining, predictive statistical analyses, and operational experiments, play in increasing organizational effectiveness?
-
Qamar, Inc., did not pay dividends in 2009 or 2010, even though 50,000 shares of its 6.5%, $50 par value cumulative preferred stock were outstanding during those years. The company has 800,000 shares...
-
1. For the following generating functions list all formal products in which the exponent sums to 4. (a) f(x) = (1+r + x 4 ) 2 (1 + x + x) 2 (b) g(x)=(1+x + x + x + x +x + ...) 3. 2. Build a...
-
Hospital Supply, Inc., produced hydraulic hoists that were used by hospitals to move bedridden patients. The costs of manufacturing and marketing hydraulic hoists at the company's normal volume of...
-
BJT Corporation is owned 40 percent by Bill, 30 percent by Jack, and 30 percent by the Trumpet Partnership. Bill and Jack are father and son. Jack has a 10 percent interest in Trumpet Partnership....
-
Generally, the tax rate that applies to the unearned income of a minor under the kiddie tax in 2019 is: a. The same as the parents tax rate b. The same as the single taxpayer rate c. The same as the...
-
Suppose the federal government increases taxes to the point that its deficit is eliminated. Would this influence the money supply?
-
Scientists propose that the first macromolecules in protobionts were a. DNA molecules. b. RNA molecules. c. proteins. d. all of the above.
-
An example of a posttranslational covalent modification that may affect protein function is a. phosphorylation. b. acetylation. c. methylation. d. Any of the above can affect protein function.
-
A form of chromatin that silences gene expression and varies in location among different types of cells is a. euchromatin. b. constitutive heterochromatin. c. facultative heterochromain. d. Both b...
-
When facilitating the methylation or pseudouridylation of an rRNA, a snoRNA functions as a. a decoy. b. a scaffold. c. a guide. d. both b and c.
-
For a riboswitch that controls transcription, the binding of a small molecule such as TPP controls whether the mRNA a. has an antiterminator or terminator stem-loop. b. has a Shine-Dalgarno...
-
Little Corp. was experiencing cash flow problems and was unable to pay its $105,000 account payable to Big Corp. when it fell due on September 30, 2017. Big agreed to substitute a one-year note for...
-
The following selected accounts and normal balances existed at year-end. Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Accounts...
-
David and Darlene Jasper have one child, Sam, who is 6 years old. The Jaspers reside at 4639 Honeysuckle Lane, Los Angeles, CA 90248. David's Social Security number is 577-11-3311, Darlene's is...
-
Steve Jackson (age 51) is a single taxpayer living at 3215 Pacific Dr., Del Mar, CA 92014. His Social Security number is 465-88-9415. In 2012, Steve's earnings and income tax withholding as the...
-
Kent Pham, CPA, is a 45-year-old single taxpayer living at 169 Trendie Street, La Jolla, CA 92037. His Social Security number is 865-68-9635. In 2013, Kent's W-2 as the controller of a local...
-
Provide the codification references to support your answers Scope Questions 1. Which entities are subject to the Interim Reporting guidance within the Codification? 2. Does the Foreign Currency...
-
Why should a company establish an internal control structure? (2 marks) Evaluate the advantages and disadvantages of Perpetual Inventory System against Periodical Inventory System respectively. (2...
-
The Green Chef is an exclusive restaurant in your city. Reservations are difficult to secure and the menu is expensive. The owner, Chef Jorge, is rumored to be running an illegal gambling operation...
Computer Architecture Digital Circuits To Microprocessors 1st Edition - ISBN: 981323833X - Free Book
Study smarter with the SolutionInn App