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Fed [463]
2 years ago
10

In 2020, Simon, age 12, has interest income of $7,980 from funds he inherited from his grandmother and no earned income. He has

no investment expenses. His parents have taxable income of $82,250 and file a joint return. Assume that no parental election is made.
a. Simon's net unearned income is $________ ?
b. Simon's allocable parental tax is $________ ?
c. Simon's total tax is $________ ?
Business
1 answer:
Digiron [165]2 years ago
5 0
A—he has no unearned income

B—$82,250

C—I think $7,980
Because I done see his total tax
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