Check my work Required information The following information applies to the questions displayed belowj In 2018, Sheryl is claimed as a dependent on her parents' tax return. 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 Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 1 of 4 0.25 points eBook Print References o. She received $7,500 from a part-time job. This was her only source of income. She is 16 years old at year-end Check my work 2 Required information Part 2 of 4 The following information applies to the questions displayed below.] In 2018, Sheryl is claimed as a dependent on her parents' tax return. 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 Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) 0.25 points eBook Print b. She received $7,500 of interest income from corporate bonds she received several years ago. This Referencesis her only source of income. She is 16 years old at year-end iability 3 0 Required information The following information applies to the questions displayed below) In 2018, Sheryl is claimed as a dependent on her parents' tax return. 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 Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 3 of 4 025 points eBook Print c. She received $7,500 of interest income from corporate bonds she received several years ago. This is Referencesher only source of income. She is 20 years old at year end and is a full-time student Check my work 4 Required information The following information applies to the questions displayed below.] In 2018, Sheryl is claimed as a dependent on her parents' tax return. 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 Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 4 of 4 0.25 points eBook Print d. She received $7,500 of qualified dividend income. This is her only source of income. She is 16 years Referencesold at year-end Tax liability Tax Rates for Net Capital Gains and Qualified Dividends Rate Taxable Income Trusts and Estates Married Filing Married Filing Single Head of Household Jointly Separately 0% | s0-$77.200 15% | S77,201-S479.000 | $38.60 1-S239.500 | $38.601-$425,800 | S5 1.701-S452400 | $2.601-$12.700 20% This rate applies to the net capital gains and qualified dividends that Eall within the range of taxable income specified in the table (net capital $0-$38.600 $O- $38.600 SO $51.700 SO $2.600 $479.000+ $239.500+ $425.801+ $452.401+ $12.701+ gains and qualified dividends are inchuded in taxable income lsst for this purpose) 13,800
