Warren, age 17, is claimed as a dependent by his father. In 2017, Warren has dividend income of $1,500 and earns $400 from a part-time job.
a.What is Warren's taxable income for 2017?
b.Suppose Warren earned $1,200 (not $400) from the part-time job. What is Warren's taxable income for 2017?

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The Answer of Warren, age 17, is claimed as a dependent by his father. In 2017, Warren has dividend income of $1,500 and earns $400 from a part-time job.
a.What is Warren's taxable income for 2017?
b.Suppose Warren earned $1,200 (not $400) from the part-time job. What is Warren's taxable income for 2017?

Warren, Age 17, Is Claimed as a Dependent by His