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Question - SCOTT, age 12 has Apple stock. He is paid $1,000 in dividens in 2019. He makes $200 from babysitting, How will his income be treated?
a. He will report $1,200 for his federal retunr and $1,200 for his California and form 3800 should be ued to calculated Scott's Federal tax and California tax.
b. He will report $1,000 in dividends for his california return and form 540 should ne used to calculate Scotts california tax.
c. He will report $1000 in dividens for his california return and form 3800 should be used to calculate scotts California tax.
d. He will report $1200 for his california return and form 3800 should be used to calculate his california tax on this $1200.
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