Problem 3-46 (LO. 1, 3, 7) Paige, age 17, is a dependent of her parents. Her parents report taxable income of $120,000 on their joint return (no qualified dividends or capital gains). During 2022, Paige earned $3,900 pet sitting and $4,300 in interest on a savings account. Click here to access the 2022 tax rate schedule. What are Paige's taxable income and tax liability for 2022? a. Paige's total taxable income is $ 3,900 b. Paige's tax liability is $ Feedback 648 x. Check My Work To reduce the tax savings that result from shifting income from parents to children, the net unearned income of certain children is taxed as if it were the parents' income. This provision, commonly referred to as the "kiddie tax," applies to any child who is under age 19 (or under age 24 if a full-time student) and has unearned income of more than $2,300.