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Larry and Emily are a married couple who file jointly. They have three dependent children who are full-time students in 2018 Larry and Emily provided

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Larry and Emily are a married couple who file jointly. They have three dependent children who are full-time students in 2018 Larry and Emily provided $11,500 of support for each child. Information for each child is as follows: EB (Click the icon to view the information.) Read the requirement. Wages Interest income Adjusted gross income Minus 3,300 2,700 6,000 Standard deduction 3,650) 2,350 Taxable income Now compute the net unearned income for Olivia. Minus Net uneaned income y and Emily (Click the icon to d the requirement mpute Olivia's tax in by computing Olivia Brooke Ashley Child's tax rate brackets: 10% tax rate. Portion of taxable income not over ETI plus $2.550 24% tax rate: Portion of taxable income over ETI plus $2,550 but not over ETI plus $9,150 35% tax rate: Portion of taxable come over ETI plus S9, 150 but not over ETI plus $12,500 37% tax rate: Portion of taxable income over ETI plus $12,500 Age 21 18 16 3,300 9,000 $ 6,300 Interest income 2,700 2,900 2,800 Re g Reference Print Done STANDA Filing Status Single The tax is 10% of taxable income. $952.50 + 12% of the excess over $9,525. Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind S 24,000 18,000 12,000 12,000 If taxable income is: Not over $9,525 Over $9,525 but not over $38,700 Over $38,700 but not over $82,500 Over $82,500 but not over $157,500 . . . . SI 4,089 50 + 24% of the excess over S82.500. Over $157,500 but not over S200.000 . . . S32. 089.50 + 32% of the excess over $157,500 Over $200,000 but not over $500,000. $45,689 50 + 35% of the excess over $200,000 Over $500,000 . . . . . S4, 453.50 22% of the excess over $38,700. Individual who is mamied and surviving spouses Individual who is unmarried and not a surviving spouse 1,300 1,600 Taxpayer claimed as dependent on another taxpayer's retum: Greater of (1) earned income plus $350 or (2) $1,050 $150,689.50 + 37% of the excess over S500.000. These amounts are $2,600 and $3,200, respectively, for a taxpayer who is both aged and blind

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