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Dena Liu is 2 0 years old and is considered a dependent of Dena's parents for tax purposes. Assume the taxable year is 2 0
Dena Liu is years old and is considered a dependent of Dena's parents for tax purposes. Assume the taxable year is
Required:
a Compute Dena's taxable income if Dena's only income item was $ interest earned on a certificate of deposit.
b Compute Dena's taxable income if Dena had two income items: $ interest earned on a certificate of deposit and $ wages from a parttime job.
c Compute Dena's taxable income if Dena was not considered a dependent for tax purposes in part a and part b
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Compute Dena's taxable income if Dena's only income item was $ interest earned on a certificate of deposit.
Note: Leave no cells blank be certain to enter wherever required.
tableTaxable Income,
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