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10. Assume Jacob is 12 years old and his only income is $12.500 of interest income from corporate bonds that he inherited from his grandfather. His parents file a joint tax retum with a table income of $100,000. Assume their tax rate is 25%. How much taxes Jacob should pay on his income? round to the nearest dollar) B $10,400 $2.863 $2,600 $1,250 None of the above. The answer is D E 11. Which of the following is not required to subject a taxpayer to the tax on unearned income of minors kiddie tax) in 2018? A. Must be claimed as a dependent B 18 years of age or younger (full time student up to age 23) C Both parents must be living D. Net unearned income must exceed $2,100 E All of the above are required 12. Janet is single and claims three allowances on her Form W-4 Her salary is $1.500 per week Calculate the amount of Janet's income subject to federal income taxes withholding using the 2019 allowances amounts. A $1,257.60 B. $1,500.00 C $1419.20 D. None of the above. The answer is 13. Assume that Janet's withholding income after deducting her allowances is $1.400 per week Calculate the amount of Janet's withholding for a weekly payroll period for a single person using the 2019 Percentage Method Tables A. $308.00 B. $212 30 C $124 96 D. None of the above. The answer is 14. Which of the following types of income is subject to the self-employment tax? A interest income B Gain on sale of real estate C Income from a sole proprietor's law practice D. Dividends from stock E None of the above _15. Elwin worked at three jobs during 2018. He earned $30,000, $27,000, and $9,000 respectively from the jobs. What is the total amount of FICA tax that would have been withheld from Elwin's wages? A $10,098 B $4,092 C $957 D. $5.049 E. None of the above. The answer is