Question
Amanda Black, age 13, received the following income: Dividends - $1,100, Wages - $2,100, Taxable interest - $1,400, Tax-exempt interest - $100, Capital gains -
Amanda Black, age 13, received the following income: Dividends - $1,100, Wages - $2,100, Taxable interest - $1,400, Tax-exempt interest - $100, Capital gains - $300, and Capital losses ($200). The dividends were qualified dividends on stock given to her by her grandparents. Therefore, Amanda's unearned income is what amount?
a. 1100
b.1400
c.2600
d.3200
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Pioneers Of Critical Accounting A Celebration Of The Life Of Tony Lowe
Authors: Jim Haslam, Prem Sikka
1st Edition
113754211X, 9781137542113
