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Meghan is 16 years old and is claimed as a dependent by her parents. Meghan earned wages of $3,000 and had interest income of $4,000
Meghan is 16 years old and is claimed as a dependent by her parents. Meghan earned wages of $3,000 and had interest income of $4,000 during 2017. Meghan had expenses of $950 related to producing the interest income. What is Meghan's net unearned income for 2017?
$2,000.
$2,050.
$3,050.
$4,000.
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