Question $6$ of $30.$

The official tax report issued by a broker or custodian on the sale of a noncovered security includes:

The proceeds of the sale.

The taxpayer's cost basis.

The proceeds of the sale and the holding period.

The cost basis and the date of acquisition.

Mark for follow up

Question $7$ of $30.$

For the "kiddie tax" rule to apply, the child must $\_\_\_\_\_\_\_\_\_\_.$

Not have attained age $23$ in the tax year.

Have at least one living parent.

Have enough earned income to pay over $50\%$ of their own support.

Have less than $$2,200$ in investment income.