In 2020, Courtney, 16 and a dependent of her mother, had earned income of $4,000 and interest

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In 2020, Courtney, 16 and a dependent of her mother, had earned income of $4,000 and interest income (unearned) of $9,500. What is Courtney’s federal income tax liability (before credits)? Courtney's mother is in the 35% marginal tax bracket

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Federal Taxation 2014 Comprehensive

ISBN: 9780133438598

27th edition

Authors: Timothy J. Rupert, Thomas R. Pope, Kenneth E. Anderson

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Posted Date: Oct 05, 2020 07:03 PM

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In 2020, Courtney, 16 and a dependent of her mother, had earned income of $4,000 and interest

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Federal Taxation 2014 Comprehensive

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