24. Scott is 15 years old and qualifies as a dependent on his parents tax return. During...

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24. Scott is 15 years old and qualifies as a dependent on his parents’ tax return. During 2011 he earns $2,500 from a part-time job and also receives $800 of dividend income on stock given to him by his aunt. What is Scott’s taxable income?

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Taxation For Decision Makers

ISBN: 9781118091555

2012 Edition

Authors: Shirley Dennis Escoffier

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