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Christina (age 15) is a dependent of her parents. In the current year, Christina earned $2,000 babysitting and received $3,000 of interest income. Christina's marginal
Christina (age 15) is a dependent of her parents. In the current year, Christina earned $2,000 babysitting and received $3,000 of interest income. Christina's marginal tax rate is 10% and her parents' marginal rate is 32%. What is Christina's tax liability for the year? $441 $390 50 $265 $1,160
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