Paige, age 17, is a dependent of her parents in 2018. During 2018, Paige earned $3,900 pet
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Paige, age 17, is a dependent of her parents in 2018. During 2018, Paige earned $3,900 pet sitting and $4,100 in interest on a savings account. What are Paige's taxable income and tax liability for 2018?
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Unearned income 4100 Minus 1050 base amount 1050 standard deduction 2100 Net unearned income 2000 Co...View the full answer
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Related Book For
South-Western Federal Taxation 2019 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337702966
22nd Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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