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During 2019, Jasmine (Age 12)received $6,500 from a Corporate Bond

Question 77

Multiple Choice

During 2019, Jasmine (age 12) received $6,500 from a corporate bond.She also received $600 from a savings account established for her by her parents.Jasmine lives with her parents and she is their dependent.What is Jasmine's gross tax liability? (Use the Estates and trusts and Tax rate schedules.)


A) $0
B) $110
C) $812
D) $922

Correct Answer:

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