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During 2022, Montoya (age 15) received $2,240 from a corporate bond. He also received $640 from a savings account established for him by his parents.

During 2022, Montoya (age 15) received $2,240 from a corporate bond. He also received $640 from a savings account established for him by his parents. Montoya lives with his parents and he is their dependent. What is Montoyas taxable income?

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