For the current year, Ben and Emely file jointly and have a marginal tax bracket of 35%, although their average tax rate is 27%. Their son, age 18, has W-2 wages of $2,400 and $5,200 of interest income from a taxable bond fund. The cost of his support is $6,000. How much of the son's income will be taxed at the Estate & Trust rate?

In the question above, what is the son's total tax liability?

Kevin , a cash basis taxpayer, has just been informed that he is being audited by the IRS. What IRS doctrine or test should concern Ian most?

I. The all-events test

II. The doctrine of constructive receipt

A. I only

 B. II only

 C. Both I and II. 

D. Neither I nor II.