Question: Phoebe is a 1 4 - year - old with $ 5 , 0 0 0 of unearned income. She had no earned income for

Phoebe is a 14-year-old with $5,000 of unearned income. She had
no earned income for the year. The first $1,300 of that income is tax-
free because of the dependent standard deduction. The next $1,300
is taxed at Phoebe's tax rate (10%). The remaining $2,400 of
taxable unearned income is subject to this kiddie tax rate: [Find
answer in Chapter 2]
Phoebe is a 14-year-old with $5,000 of unearned income. She had

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