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one question two parts Problem 8-52 (LO 8-1) (Algo) In 2022. Carson is claimed as a dependent on his parents' tax return. His parents report
one question two parts
Problem 8-52 (LO 8-1) (Algo) In 2022. Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married fliling jointy). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative crcumstances? yse Tax Rate Schedule Dividends and Canital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years oid at year-end. He is a fullitime student and carned $14,900 from his summer internship and part-ime job. He also received $6,120 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. In 2022, Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married filing fointly). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years old at year-end, He is a full-time student and earned $14,900 from his summer internship and part-time job. He also received $6,120 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 23 years old at year-end. He is a full-time student and earned $14,900 from his summer internship and part-time job. He also received $6,120 of qualified dividend income. Problem 8-52 (LO 8-1) (Algo) In 2022. Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married fliling jointy). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative crcumstances? yse Tax Rate Schedule Dividends and Canital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years oid at year-end. He is a fullitime student and carned $14,900 from his summer internship and part-ime job. He also received $6,120 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. In 2022, Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married filing fointly). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $14,900 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years old at year-end, He is a full-time student and earned $14,900 from his summer internship and part-time job. He also received $6,120 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 23 years old at year-end. He is a full-time student and earned $14,900 from his summer internship and part-time job. He also received $6,120 of qualified dividend income Step by Step Solution
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