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Frank,age 17,received $4,000 of Dividends and $1,500 from a Part-Time

Question 39

Multiple Choice

Frank,age 17,received $4,000 of dividends and $1,500 from a part-time job.Frank is a dependent of his parents who are in the 28% percent bracket.Frank's 2017 taxable income is


A) $0.
B) $4,000.
C) $4,450.
D) $3,650.

Correct Answer:

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