Multiple Choice
The Olympians have three children. The kiddie tax applies to unearned income received by which of the following children?
A) Poseidon is a 20-year-old full-time student who does not support himself
B) Demeter is a 23-year-old full-time student who supports herself with a job at a grocery store
C) Zeus is 20 years old and not a student
D) Demeter is a 23-year-old full-time student who supports herself with a job at a grocery store and Zeus is 20 years old and not a student
E) None of the choices are correct
Correct Answer:

Verified
Correct Answer:
Verified
Q120: Cassy reports a gross tax liability of
Q121: The child tax credit is subject to
Q122: Max is a 14-year-old dependent of his
Q123: Jack paid $5,000 in daycare expenses for
Q124: During 2020, Montoya (age 15)received $2,200 from
Q126: Carolyn has an AGI of $39,900 (all
Q127: In 2020, Shawn's adjusted gross income (AGI)is
Q128: Which of the following statements regarding the
Q129: During all of 2020, Mr. and Mrs.
Q130: Which of the following tax credits is