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What is Taylor taxable income

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Problem - Taylor, age 18, is claimed as a dependent by her parents. For 2019, she has the following income: $4,000 wages from a summer job, $1,800 interest from a money market account, and $2,000 interest from City of Boston bonds.

Required -

a. What is Taylor's taxable income for 2019?

b. What is Taylor's tax for 2019?

Reference no: EM132665598

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