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ka (age 12) received $7,250 from a corporate bond in 2020. ka also received $600 from a savings account established for her by her parents.
ka (age 12) received $7,250 from a corporate bond in 2020. ka also received $600 from a savings account established for her by her parents. ka lives with her parents and she is claimed as a dependent on their tax return. Assuming her parents' marginal tax rate is 24%, what is ka gross tax liability
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