Question: eBook Print Item Problem 3-37 (LO. 3, 7) Taylor, age 18, is claimed as a dependent by her parents. For 2021, she has the

eBook Print Item Problem 3-37 (LO. 3, 7) Taylor, age 18, is

eBook Print Item Problem 3-37 (LO. 3, 7) Taylor, age 18, is claimed as a dependent by her parents. For 2021, she has the following income: $6,000 wages from a summer job, $800 interest from a money market account, and $300 interest from City of Chicago bonds. If an amount is zero, enter "0". Click here to access the 2021 tax rate schedule. a. Determine the following: Taylor's standard deduction for 2021 is $ Taylor's taxable income for 2021 is $ b. Compute Taylor's "net unearned income" for the purpose of the kiddie tax. Compute Taylor's income tax. [Her parents file a joint return and have taxable income of $135,000 (no dividends or capital gains).]

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