26. LO.1, 6 Paige, age 17, is a dependent of her parents in 2021. During 2021, Paige...
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26. LO.1, 6 Paige, age 17, is a dependent of her parents in 2021. During 2021, Paige earned $3,900 pet sitting and $4,300 in interest on a savings account. Her parents report taxable income of $120,000 on their joint return (no qualified dividends or capital gains). What are Paige’s taxable income and tax liability for 2021?
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Related Book For
Essentials Of Taxation Individuals And Business Entities
ISBN: 233160
1st Edition
Authors: Nellen/Young/Raabe/Maloney
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