Maria, age 12, is claimed as a dependent on her parents tax return. She has gross income

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Maria, age 12, is claimed as a dependent on her parents’ tax return. She has gross income consisting solely of taxable dividends of $2,800.What is Maria’s taxable income?

a. $2,800

b. $1,950

c. $1,800

d. $0 AppendixLO1

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Taxation For Decision Makers 2008

ISBN: 9780324654110

2nd Edition

Authors: Shirley Dennis-Escoffier, Karen A. Fortin

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