Solution-How much of susan income is taxable at the rates

How much of susan income is taxable at the rates applicable

Reference no: EM132763054

Problem 1: Susan is 17 and is claimed as a dependent by her parents. In the current year, she earns $1,000 from a summer job and receives $2,400 of interest from a savings account. How much of Susan's income is taxable at the rates applicable to estates and trusts?

Option 1: $0

Option 2: $200

Option 3: $2,100

Option 4: $2,400

Reference no: EM132763054

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How much of susan income is taxable at the rates applicable

Reference no: EM132763054

Reference no: EM132763054

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