Question: Michael Daly ( 1 7 years old ) : Unearned income ( interest ) : $ 5 , 0 0 0 Earned income ( W

Michael Daly (17 years old):
Unearned income (interest): $5,000
Earned income (W-2): $10,000
His tax bracket: 10%
Parents' tax bracket: 28%
How much of Michael's unearned income is subject to the Kiddie Tax in 2024?
Question 11 options:
2400
2600
5000
3750

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