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  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 6: Accounting Periods and Other Taxes
  5. Question
    If the Net Unearned Income of a Minor Child Is
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If the Net Unearned Income of a Minor Child Is

Question 54

Question 54

True/False

If the net unearned income of a minor child is to be taxed at trust and estate rates, the parents may elect, under certain conditions, to include the child's gross income on their tax return.

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