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Taylor, age 18 , is a dependent of her parents, For 2023 , she has the following income: $6,250 of wages from a summer job,

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Taylor, age 18 , is a dependent of her parents, For 2023 , she has the following income: $6,250 of wages from a summer job, $800 of interest from a money market account, and $300 of interest from City of Chicago bonds. If an amount is zero, enter " 0 ". Click here to access the 2023 tax rate schedule. a. Determine the following: Taylor's standard deduction for 2023 is 5 Taylor's taxable income for 2023 is 5 b. Compute Taylor's "net unearned income" for the purpose of the kiddie tax. Compute Taylor's income tax. [Her parents file a joint return and have taxable income of $135,000 (no dividends or capital gains).]

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