Multiple Choice
Keith,age 17,is a dependent of his parents.During 2014,he received $3,000 of dividend income.The parent's marginal rate is 28% and Keith's rate is 10%.Keith's tax is
A) $300.
B) $150.
C) $280.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: The requirement to file a tax return
Q40: A married person who files a separate
Q42: On June 1,2014,Ellen turned 65.Ellen has been
Q43: Charlie is claimed as a dependent on
Q45: A married couple in the top tax
Q48: Carter dies on January 1,2013.A joint return
Q52: In 2011,Leo's wife died.Leo has two small
Q95: The child credit is for taxpayers with
Q101: A qualifying child of the taxpayer must
Q133: Tax returns from individual and corporate taxpayers