Question: WTF?! Exercise 3-21 (Algorithmic) (LO. 7) Simon, age 12, generates $4,880 interest income and no earned income for 2018. He incurs no investment expenses Click

WTF?! Exercise 3-21 (Algorithmic) (LO. 7) Simon, age 12, generates $4,880

WTF?!

Exercise 3-21 (Algorithmic) (LO. 7) Simon, age 12, generates $4,880 interest income and no earned income for 2018. He incurs no investment expenses Click here to access the 2018 tax rate schedule and 2018 Estate and Trust Tax Rate Schedule. If required, round the tax liability the nearest dollar. a. Simon's net unearned income. 2,780 b. Simon's total Federal income tax liability

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