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During 2020, Montoya (age 15) received $2,330 from a corporate bond. He also received $730 from a savings account established for him by his parents.
During 2020, Montoya (age 15) received $2,330 from a corporate bond. He also received $730 from a savings account established for him by his parents. Montoya lives with his parents and he is their dependent. What is Montoya's taxable income? Multiple Choice $3,060 $2,330 $0 $1,960
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