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In 2019, Simon, age 12, has interest income of $6,780 and no earned income. He has no investment expenses. Click here to access the 2019

In 2019, Simon, age 12, has interest income of $6,780 and no earned income. He has no investment expenses.

Click here to access the 2019 tax rate schedule and 2019 Estate and Trust Tax Rate Schedule. If required, round the tax liability to the nearest dollar.

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Net unearned income is $4580
Simon's total tax is
Income Tax Rates-Estates and Trusts Tax Year 2019 Taxable Income The Tax Is: But not Over- Of the Amount Over- Over- $ 0 2,600 9,300 12,750 $ 2,600 9,300 12,750 10% $ 260.00 + 24% 1,868.00 + 35% 3,075.50 + 37% $ 0 2,600 9,300 12,750 Income Tax Rates-Estates and Trusts Tax Year 2019 Taxable Income The Tax Is: But not Over- Of the Amount Over- Over- $ 0 2,600 9,300 12,750 $ 2,600 9,300 12,750 10% $ 260.00 + 24% 1,868.00 + 35% 3,075.50 + 37% $ 0 2,600 9,300 12,750

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