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Taylor, age 1 8 , is claimed as a dependent by her parents. For 2 0 2 3 , she has the following income: $
Taylor, age is claimed as a dependent by her parents. For she has the following income: $ wages from a summer job, $ interest from a money market account, and $ 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 cfefef Taylor's taxable income for is $fill in the blank cfefef Question Content Area b Compute Taylor's "net unearned income" for the purpose of the kiddie tax. $fill in the blank defefad 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 defefad
Taylor, age is claimed as a dependent by her parents. For she has the following income: $ wages from a summer job, $ interest from a money market account, and $ 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 cfefef
Taylor's taxable income for is $fill in the blank cfefef
Question Content Area
b Compute Taylor's "net unearned income" for the purpose of the kiddie tax.
$fill in the blank defefad
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 defefad
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