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Elton, age 17 and a dependent of his parents who are in the 37% tax bracket, has $2,000 of wage income and $7,000 of taxable
Elton, age 17 and a dependent of his parents who are in the 37% tax bracket, has $2,000 of wage income and $7,000 of taxable interest income for the current year. What is Elton's net unearned income for the so-called kiddie tax? O $2,400 $6,600 $4,500 $7,000 $2,100
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