Brian and Kim have a 12-year-old child, Stan. For 2018, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500.

Click here to access the income tax rate schedules.

If Stans parents elected to report Stans income on his parents return, what would the tax on Stans income be?

2018 Tax Rate Schedules The tax is: of the amount over- Schedule X-If your filing status is Single If your taxable income is: But not Over- over- $0 $9,525 9,525 38,700 38,700 82,500 82,500 157,500 157,500 200,000 200,000 500,000 500,000 .... 10% $952.50 + 12% 4,453.50 + 22% 14,089.50 +24% 32,089.50 + 32% 45,689.50 + 35% 150,689.50 + 37% 9,525 38,700 82,500 157,500 200,000 500,000 $0 Schedule Y-1-If your filing status is Married filing jointly or Qualifying widow(er) If your taxable The tax is: income is: of the But not amount Over- Over- over- $19,050 - 10% 19,050 77,400 $1,905.00 +12% 19,050 77,400 165,000 8,907.00 + 22% 77,400 165,000 315,000 28,179.00 +24% 165,000 315,000 400,000 64,179.00 + 32% 315,000 400,000 600,000 91,379.00 + 35% 400,000 600,000 161,379.00 + 37% 600,000 of the amount over- $0 Schedule Y-2-If your filing status is Married filing separately If your taxable The tax is: income is: But not Over- over- $9,525 ........ 10% 9,525 38,700 $952.50 +12% 38,700 82,500 4,453.50 +22% 82,500 157,500 14,089.50 +24% 157,500 200,000 32,089.50 + 32% 200,000 300,000 45,689.50 + 35% 300,000 80,689.50 +37% 9,525 38,700 82,500 157,500 200,000 300,000 of the amount over Schedule Z-If your filing status is Head of household If your taxable The tax is: income is: But not Over- over- $13,600 ... 10% 13,600 51,800 $1,360.00 +12% 51,800 82,500 5,944.00 + 22% 82,500 157,500 12,698.00 +24% 157,500 200,000 30,698.00 + 32% 200,000 500,000 44,298.00 + 35% 500,000 149,298.00 + 37% 13,600 51,800 82,500 157,500 200,000 500,000