Question: During 2 0 2 4 , Jasmine ( age 1 2 ) received $ 6 , 7 5 0 from a corporate bond. She also

During 2024, Jasmine (age 12) received $6,750 from a corporate bond. She also received $650 from a savings account established for her by her parents. Jasmine lives with her parents and she is claimed as a dependent in their tax return. Assuming her parents' marginal tax rate is 24%, what is Jasmine's gross tax liability? (Use Tax Rate Schedule, Standard deduction.)
Multiple Choice
$0
$130
$1,282
$1,152

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