ask 2

29. Brian and Kim have a 12-year-old child, Stan. For 2014, Brian and Kim have taxable income of $52,000, and Stall has non qualifying dividend income of $4,500 and investment expenses of $250. No election is made to include Stan?s income on Brian and Kim?s return. a. For purposes of the parental tax, calculate Stan?s net unearned income. b. Calculate the amount of Stan?s parental tax. c. Calculate Stan?s total tax for 2014