Multiple Choice
During 2020, Montoya (age 15) received $2,200 from a corporate bond. He also received $600 from a savings account established for him by his parents. Montoya lives with his parents and he is their dependent. What is Montoya's taxable income?
A) $0
B) $2,200
C) $2,800
D) $1,700
Correct Answer:
Verified
Correct Answer:
Verified
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