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Helga is 1 2 years old and lives with her parents who claim her as a dependent. Her only income is $ 6 , 5

Helga is 12 years old and lives with her parents who claim her as a dependent. Her only
income is $6,500 of interest from a corporate bond and $600 of interest from a savings
account. Helga's parents have a 24% marginal tax rate. What is Helga's gross tax liability.
a) $0
b) $125
c) $1,104
d) $1,229 Can you explain why the answer is d?
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