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Sheena Maskell Sheena Maskell
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7 years ago
Gina Lewis, age 12, is claimed as a dependent on her parent's return. During 2010, she earned $2,300 from a summer job. She also earned interest of $2,750. Her parents' marginal tax rate is 35 percent.

Required:
a.   Compute the amount of Gina's tax liability for 2010.
b.   Can Gina's parents take a child tax credit for her?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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Yoko900Yoko900
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7 years ago
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Sheena M. Author
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7 years ago
Thank you so much
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