Question: During 2010, George (age nine and claimed as a dependency exemption by his parents) received dividend income of $3,700, and had wages from an after-school

During 2010, George (age nine and claimed as a dependency exemption by his parents) received dividend income of $3,700, and had wages from an after-school job of

$1,700. What is the amount that will be reported as George’s taxable income for 2010?

a. $ 250

b. $3,400

c. $3,450

d. $5,400

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