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James and Jude have one dependent child, Jody, who is 12. In 2023, Jody received $3,500 of interest income and has no earned income. As
James and Jude have one dependent child, Jody, who is 12. In 2023, Jody received $3,500 of interest income and has no earned income. As a result, Jody is subject to the "kiddie tax" rules. What is Jody's tax liability?
a. $225
b. $125
c. $100
d. $0
e. $1,250
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