Question: Taylor, age 1 5 , is claimed as a dependent by her parents. For 2 0 2 4 , she has the following income: $

Taylor, age 15, is claimed as a dependent by her parents. For 2024, she has the following income: $4,200 wages from a summer job, $1,885 interest from a money market account, and $1,875 interest from City of Chicago bonds. Compute Taylor's tax liability. [Her parents file a joint return and have taxable income of $135,000(no dividends or capital gains).]

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