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Posted on Jul 13, 2024

Jane, age 17, is a dependent of her parents. During 2019, Jane earned $3,900 pet sitting and $4,200 in interest on a savings account. Determine:

Jane, age 17, is a dependent of her parents. During 2019, Jane earned $3,900 pet sitting and $4,200 in interest on a savings account.

Determine:

a. Taxable income

b. Net unearned income

c. Earned taxable income

d. Tax liability

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