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Brian and Kim have a 12-year-old child, Stan. For 2017, Brian and Kim have taxable income of $52,000, and Stan has nonqualifying dividend income of

Brian and Kim have a 12-year-old child, Stan. For 2017, Brian and Kim have taxable income of $52,000, and Stan has nonqualifying 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 tax on a child's unearned income, calculate Stan's net unearned income.

$

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b.Calculate the amount of Stan's tax at his parents' rate.

$

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c.Calculate Stan's total tax for 2017.

Note:Assume a 10% rate on regular taxable income.

$

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