Question
Problem 3-46 (LO. 1, 3, 7) Paige, age 17, is a dependent of her parents. During 2018, Paige earned $3,900 pet sitting and $4,100 in
Problem 3-46 (LO. 1, 3, 7)
Paige, age 17, is a dependent of her parents. During 2018, Paige earned $3,900 pet sitting and $4,100 in interest on a savings account.
Click here to access the 2018 tax rate schedule
What are Paige's taxable income and tax liability for 2018?
a. Paige's total taxable income is $3,750
b. Paige's tax liability is $ ?
I just need help with finding Paige's tax liability. $375, $175, $260 and $1,750 were wrong so those aren't even an option. Please show your work for the answer.
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
538476230, 978-0538476232
