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Tom, Age 13, Is Claimed as a Dependent by His

Question 31

Multiple Choice

Tom, age 13, is claimed as a dependent by his parents.Tom has unearned income of $3,400 and $300 of income from mowing lawns in the neighborhood.If the first $2,550 of Tom's net unearned income is taxed at 10%, what is Tom's 2018 income tax liability?


A) $0
B) $265
C) $459
D) $370
E) None of the above

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