In 2018, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support.

What is Sheryl's tax liability for the year in each of the following alternative circumstances?

a) She received $5,500 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 16 years old at year-end.

b) She received $5,500 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 20 years old at year-end and is a full-time student.

c) She received $5,500 of qualified dividend income. This is her only source of income. She is 16 years old at year-end.

2018 Tax Rate Schedules Schedule X-Single Schedule Z-Head of Household If tasable income in over: But not over The tax i If tasable income is over: But not over: 13.600 51,300 S 82500 $157500 $200,000 $500,000 The tar S 9,525 $ 38,700 $82,500 $157.500 $200,000 9525 S 38,700 S 82.500 157500 $200,000 $500,000 10% of taxable income $952.50 plus 12% of the eteess over $9,525 $4.453.50 plus 22% ofthe ocess over $38,700 $14,089.30 plus 24% oe the eocess over $82,500 $32,089.30 plus 32% of the eness over $157,500 $45,689.50 plus 35% of the eness over $200,000 $150,689.50 pts 37% of the excess over $500,000 13,600 S 51,800 $82,500 $157.500 $200,000 $500,000 10% of taxable income $1,360 plas 12% ofthe eccess over $13,000 $5.944 plus 22% of the cocess over $51,000 $12.693 plus 24% of the excess over $82,500 $30,698 plus 32% of the excess ovet $157,500 $44,298 plus 35% of the excess oves$200,000 $149.296 ptas 37% ofthe excess over S500.000 Schedule Y-1-Married Filing Jointty or Qualifying Widow(er) Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax i: If taxable income is over: But not over: The tar s 19.050 $ 77.400 $165,000 $315,000 $400,000 10% of trable income $1,905 plus 12% ofthe excess over $19,050 $8.907 plus 22% of the excess over S77.400 $28,179 plus 24% of the ence" over $165,000 S64.179 plus 32% of the excess over $315,000 $91,579 plus 35% of the excess over $400,000 $161,379 plus 37% of the excess over S600000 $ 9,525 $38,700 $ 82,500 $157.500 S 9525 38,700 82.500 $157500 10% of taxable income $952.50 plus 12% of the excess over $9,525 $4,453.50 plus 22% of the excess over $38,700 $14,009.50 plus 24% of the excess over $82,500 $32,089.30 plus 32% of the eness over $157,500 $45,689.30 plus 35% of the excess over $200,000 $80,689.50 plus 37% of the excess over $300,000 19.050 $ 77.400 $315,000 $300,000 $600,000 $300,000