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6 Part of Required information The following information applies to the questions displayed below) in 2020, Sheryl is claimed as a dependent on her parents

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6 Part of Required information The following information applies to the questions displayed below) in 2020, Sheryl is claimed as a dependent on her parents tax return. Her parents report taxable income of $500,000 married fing jointly) Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule Dividends and Constal Gains Tax Rates for reference (Leove no answer blank, Enter zero if applicable.) os c. She received $7000 of interest Income from corporate bonds she received several years ago. This is her only source of income. She is 20 years old at year end and is a full-time student. (Do not round intermediate calculations.) 690 6 Part of Required information The following information applies to the questions displayed below) in 2020, Sheryl is claimed as a dependent on her parents tax return. Her parents report taxable income of $500,000 married fing jointly) Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule Dividends and Constal Gains Tax Rates for reference (Leove no answer blank, Enter zero if applicable.) os c. She received $7000 of interest Income from corporate bonds she received several years ago. This is her only source of income. She is 20 years old at year end and is a full-time student. (Do not round intermediate calculations.) 690

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