The following information applies to the questions displayed below In 2021, Sheryl is claimed as a dependent on her parents' tax returnHer parents report taxable income of $500,000 (married filing jointly )Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule Dividends and Capital Gains Tax Rates for reference . (Leave no answer blank. Enter zero if applicable.) b. She received $9.400 of interest income from corporate bonds she received several years ago. This is her only source of income She is 16 years old at year end.

Required information [The following information applies to the questions displayed below.] In 2021, Sheryl is claimed as a dependent on her parents' tax return. Her parents report taxable income of $500,000 (married filing jointly). Sheryl did not provide more than half her own support. What is Sheryl's tax liability for the year in each of the following altemative circumstances? Use Tax Rate 5 chedule. Dividends and Capital Gains Tax Rates for reference. (Leave no answer blank. Enter zero if applicable.) - She received $9.400 of interest income from corporate bonds she received several years ago. This is her only source of income. he is 20 years old at year-end and is a full-time student. 2021 Tax Rate Schedules Individuals Tax Rates for Net Capital Gains and Qualified Dividends iricame fast for this pwrposeh