Silas, age 15, works part-time at McDonalds and is claimed as a dependent on his parents tax

Question:

Silas, age 15, works part-time at McDonalds and is claimed as a dependent on his parentsʼ tax return for 2023. In the following independent examples, indicate how much income is taxed at Silasʼs tax rate and how much income is taxed at his parentsʼ rate.

a. Earned income of $$500$ and unearned income of $1,000.

b. Earned income of $$850$ and unearned income of $500.

c. Earned income of $$10,000$ and unearned income of $4,200.

d. Earned income of $$15,500$ and unearned income of $3,800.

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