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2 . T , who is single, a child of X and a full - time law student has gross investment income of $ 4
T who is single, a child of X and a fulltime law student has gross investment income of $ in the current year and no or itemized deductions. For simplicity assume that there are no inflation adjustments. See $ cB T qualifies as a dependent of X for the year.
a What is Ts taxable income, if any, for the current year?
b What difference in result in a above, if instead T has $ of earned income and $ of investment income?
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