Satish,age 11,is a dependent of his parents.His only source of income in 2017 is $3,000 of interest income on bonds given him by his grandparents.Satish's marginal rate is 10%,and his parent's marginal rate is 28%.Satish's tax is
A)$357.
B)$195.
C)$546.
D)$300.

Question

Quizplus · Accepted Answer

A)
 11ea7cb8_54b2_9e43_928c_7fe6cb95d7ad_TB1258_00 11ea7cb8_54b2_9e44_928c_d19d74a26ece_TB1258_00 11ea7cb8_54b2_9e45_928c_ef81eb520e05_TB1258_00

Satish,age 11,is a Dependent of His Parents