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2018 tax rules 40. LO.1,3, 6,7 Taylor, age 18, is a dependent of her parents. For 2018, she records the following income: $4,000 wages from
2018 tax rules
40. LO.1,3, 6,7 Taylor, age 18, is a dependent of her parents. For 2018, she records the following income: $4,000 wages from a summer job, $1,800 interest anrnecme si o wapenefrbonds from a money market account, and $2,000 interest from City of Boston bonds. a. What is Taylor's taxable income b. What is Taylor's Federal income tax liability for 2018 Step by Step Solution
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