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In 2021, Simon, age 12, has interest income of $900 and dividend income of $4,000. He has no investment expenses. Simon's parents have taxable
In 2021, Simon, age 12, has interest income of $900 and dividend income of $4,000. He has no investment expenses. Simon's parents have taxable income of $82,250. Determine Simon's net unearned income and total tax liability. Click here to access the 2021 tax rate schedule. If required, round the tax liability the nearest dollar. Net unearned income is Simon's total tax is
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