Vincent,age 12,is a dependent of his parents.During 2015,Vincent's earned income from wages is $2,600 and Vincent received $3,000 of interest income.The parent's marginal rate is 28% and Vincent's marginal rate is 10%.Vincent's tax is
A)$265.
B)$742.
C)$412.
D)none of the above.

Question

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The Answer of Vincent,age 12,is a dependent of his parents.During 2015,Vincent's earned income from wages is $2,600 and Vincent received $3,000 of interest income.The parent's marginal rate is 28% and Vincent's marginal rate is 10%.Vincent's tax is
A)$265.
B)$742.
C)$412.
D)none of the above.

Vincent,age 12,is a Dependent of His Parents