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Taylor, age 1 8 , is a dependent of her parents. For 2 0 2 3 , she has the following income: $ 6 ,
Taylor, age is a dependent of her parents. For she has the following income: $ of wages from a summer job, $ of interest from a money market account, and $ of interest from City of Chicago bonds.
If an amount is zero, enter
Click here to access the tax rate schedule.
a Determine the following:
Taylor's standard deduction for is $fill in the blank dfbaf
Taylor's taxable income for is $fill in the blank dfbaf
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b Compute Taylor's "net unearned income" for the purpose of the kiddie tax.
$fill in the blank dcfeefab
Compute Taylor's income tax. Her parents file a joint return and have taxable income of $no dividends or capital gains
$fill in the blank dcfeefab
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