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during 2019, Rita (age 12) received 3500 from a corporate bond. Ritas parents are in the 35% tax bracket. Rita lives with her parents and
during 2019, Rita (age 12) received 3500 from a corporate bond. Ritas parents are in the 35% tax bracket. Rita lives with her parents and she is their dependent. what is the amount that will be taxed at the trust and estates rates(the net unearned income)?
A. 1050
B. 1300
C. 1450
D. 3500
E. 0
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