Question: Taylor, age 1 8 , is claimed as a dependent by her parents. For 2 0 2 4 , she has the following income:

Taylor, age 18, is claimed as a dependent by her parents. For 2024, she has the following income: \(\$ 4,800\) wages from a summer job, \(\$ 1,820\) interest from a money market account, and \(\$ 2,100\) interest from City of Chicago bonds.
If required, round your answers to the nearest dollar. If an amount is zero, enter "0".
Click here to access the 2024 tax rate schedule.
a. Taylor's standard deduction for 2024 is \(\$ \)
Taylor's taxable income for 2024 is \(\$ \)
b. Compute Taylor's "net unearned income" for the purpose of the kiddie tax.
\$
Compute Taylor's tax liability. [Her parents file a joint return and have taxable income of \$135,000(no dividends or capital gains).]
\(\$ \)
Taylor, age 1 8 , is claimed as a dependent by

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