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Mike and Linda are a married couple who file jointly. They have three dependent children who are full-time students in 2018.Mike and Linda provided $8,000
Mike and Linda are a married couple who file jointly. They have three dependent children who are full-time students in
2018.Mike and Linda provided $8,000 of support for each child. Information for each child is as follows:
Compute
KarenKaren's
tax, assuming the interest income is taxable.
Begin by computing the taxable income for
KarenKaren.
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Taxable income | Compute KarenKaren's tax, assuming the interest income is taxable. Begin by computing the taxable income for KarenKaren.
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Karen | Susan | Amelie | |
Age | 21 | 18 | 16 |
Wages | $3,000 | $11,000 | $5,900 |
Interest income | 2,800 | 2,400 | 2,200 |
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