In 2019, 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 if she received $6,000 of qualified dividend income. This is her only source of income. She is 16 years old at year-end. Use 2019 Tax Rate Schedule.

Estates and Trusts

If taxable income is over:	But not over:	The tax is:
$ 0	$ 2,600	10% of taxable income
$ 2,600	$ 9,300	$260 plus 24% of the excess over $2,600
$ 9,300	$12,750	$1,868 plus 35% of the excess over $9,300
$12,750		$3,075.50 plus 37% of the excess over $12,750

Tax Rates for Net Capital Gains and Qualified Dividends

Rate*	Taxable Income
	Married Filing Jointly	Married Filing Separately	Single	Head of Household	Trusts and Estates
0%	$0 - $78,750	$0 - $39,375	$0 - $39,375	$0 - $52,750	$0 - $2,650
15%	$78,751 - $488,850	$39,376 - $244,425	$39,376 - $434,550	$52,751 - $461,700	$2,651 - $12,950
20%	$488,851+	$244,426+	$434,551+	$461,701+	$12,951+