Question: eBook Print Hem Exercise 3 - 2 2 ( L . O . 7 ) In 2 0 2 4 , Jack, age 1 2

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Exercise 3-22(L.O.7)
In 2024, Jack, age 12, has interest income of $4,900 on funds he inherited from his aunt and no earned income. He has no investment expenses. Christian and Danielle (his parents) have taxable income of $94,150 and file a joint return. Assume that no parental election is made.
Click here to access the 2024 tax rate schedule. If required, round the tax liability to the nearest dollar.
\table[[Jack's net unearned income is,
eBook Print Hem Exercise 3 - 2 2 ( L . O . 7 ) In

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