Unearned Income of Minor Children and Certain Students (LO 6.4)

Brian and Kim have a 12-year-old child, Stan. For 2022, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500. No election is made to include Stan's income on Brian and Kim's return.

Click here to access the income tax rate schedules.

a. For purposes of the tax on a child's unearned income, calculate Stan's taxable income. fill in the blank 1 of 1$

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b. Calculate Stan's net unearned income. fill in the blank 1 of 1$

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c. Calculate Stan's tax for 2022. fill in the blank 1 of 1$

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d. If there was no kiddie tax and Stan were taxed at his own rate, what would the tax on Stans income be? fill in the blank 1 of 1$