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Pam, age 17, is a dependent of her parents. Her parents report table income of $200,000 on their joint return (no qualified dividends or capital
- Pam, age 17, is a dependent of her parents. Her parents report table income of $200,000 on their joint return (no qualified dividends or capital gains). During 2021, Pam earned $4,400 working at a grocery store and $4,900 in interest on a savings account. What are Pams taxable income and tax liability for 2021?
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Payroll Accounting 20
Authors: Bernard J. Bieg, Judith A. Toland
26th Edition
1337268798, 9781337268790
