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[The following information applies to the questions displayed below) In 2021, Carson is claimed as a dependent on his parents' tax return. His parents report

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[The following information applies to the questions displayed below) In 2021, Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married filing jointly). Carson's parents provided most of his support. What is Carson'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. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) a. Carson is 17 years old at year-end and earned $14,150 from his summer job and part-time job after school. This was his only source of income. Tax liability (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 alternative circumstances? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. (Leave no answer blank. Enter zero if applicable.) : a. She received $7,900 from a part-time job. This was her only source of income. She is 16 years old at year-end. Tax liability 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 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 $7,900 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. Tax liability

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