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William and Irma have two children, Tom, age 13, and Sara

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Question;William and Irma have two children, Tom, age 13, and Sara, age 8. For 2013, Tom and Sara have a total parental tax of $5,600. Tom?s net unearned income is $15,000, while Sara?s net unearned income is $5,000. How much of the parental tax would be allocated to Sara on her 2013 tax return?

 

Paper#39847 | Written in 18-Jul-2015

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