Eric, who is 18 years old, sells magazine subscriptions door-to-door for commissions. He earned $2,900 this year and he will have to pay tax on this income at his parent's tax rate.

Question

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Eric will most likely not have to pay tax at his parents' tax rate. As an 18-year-old, he is considered an adult and will likely have to file his own taxes and pay taxes at his own tax rate (based on his individual income).

Eric, Who Is 18 Years Old, Sells Magazine Subscriptions Door-To-Door