Warren,age 17,is claimed as a dependent by his father.In 2014,Warren has dividend income of $1,500 and earns $400 from a part-time job.
a.What is Warren's taxable income for 2014?
b.Suppose Warren earned $1,200 (not $400)from the parttime job.What is Warren's taxable income for 2014?

Question

Warren,age 17,is claimed as a dependent by his father.In 2014,Warren has dividend income of $1,500 and earns $400 from a part-time job.
a.What is Warren's taxable income for 2014?
b.Suppose Warren earned $1,200 (not $400)from the part­time job.What is Warren's taxable income for 2014?

Quizplus · Accepted Answer

The Answer of Warren,age 17,is claimed as a dependent by his father.In 2014,Warren has dividend income of $1,500 and earns $400 from a part-time job.
a.What is Warren's taxable income for 2014?
b.Suppose Warren earned $1,200 (not $400)from the part­time job.What is Warren's taxable income for 2014?

Warren,age 17,is Claimed as a Dependent by His Father