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In 2017, Carson is claimed as a dependent on his parent's tax return. His parents' ordinary...

In 2017, Carson is claimed as a dependent on his parent's tax return. His parents' ordinary income marginal rate is 28 percent. Carson's parents provide most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? b. Carson is 23 years old at year-end. He is a full-time student and earned 11700 from his summer internship and part-time job. He also received 4800 of qualified dividend income. What is his tax liability?

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ekkarill92 answered 1 year ago
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