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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Related Book For
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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