Purchase Solution

Brian age 13, is a dependent of his parents. During 2011, Br

Not what you're looking for?

Ask Custom Question

Brian age 13, is a dependent of his parents. During 2011, Brian earned income from wages is $2,600 and Brian received $3,000 of interest income. The parent's marginal rate is 28% and Brian's marginal rate is 10%. Brian's tax is...

Purchase this Solution
Solution Summary

Brian age 13, is a dependent of his parents. During 2011, Brian earned income from wages is $2,600 and Brian received $3,000 of interest income. The parent's marginal rate is 28% and Brian's marginal rate is 10%. Brian's tax is...

Solution Preview

Because the child's investment income was more than $1900, Brian is taxed for the ...

Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

View More Free Quizzes
Related BrainMass Solutions

  • This post addresses kiddie tax calculation scenarios.

    479413 Kiddie Tax Calculation Mary is 13. She receives annual interest payments of $4000. What is her taxable income in 2011? Her parents claim her as a dependent. What is her parent's 2011 taxable income? John is 16.

  • Case Study for ADHD

    His parents were leery of trying medication and wanted to try natural remedies first before giving him any psychiatric drugs. Brian has been receiving occupational therapy which has helped him focus during class.

  • Who must file a tax return in 2007?

    176055 Who must file a tax return in 2007? A) Ben, age 19, a full-time college student, he is claimed as a dependent by his parents. He earned $5,400 wages during the year. b) Anita, age 12, is claimed as a dependent by her parents.

  • AC499 Unit 7 Project Taxation Individual

    Raymond earned $32,500 during the year, while Michele earned $9,000 for the year from a part-time job. They paid $7,000 for the care of their two children under age 13. c. . Beth is a single taxpayer who has two dependent children under age 5.

  • Filing status for taxpayers

    Raymond earned $32,500 during the year, while Michele earned $9,000 for the year from a part-time job. They paid $7,000 for the care of their two children under age 13. c. Beth is a single taxpayer who has two dependent children under age 5.

  • Tax questions - Linda, Quail, Jake, Drew, Joanne, Sue, Mable

    Earl, age 16, is claimed as a dependent by his parents. He earned wages of $2,700 and interest of $1,100 during the year. d. Karen, age 16 and blind, is claimed as a dependent by her parents.

  • Random Sample

    Age of car is independent variable and selling price is dependent variable. <br> <br>2.) See attached file. <br> <br>3.)

  • Taxation Credits

    Kevin and Sue do not receive a credit for the 14 year old. Federal regulations mandate that the day a child turns 13, his or her parents may no longer use the "child care tax credit." (Reference IRS Publication 503.)

  • Reactive Attachment Disorder and Bowlby: Infancy and Toddlers

    Ben was born to a teen mom, Mariah, age 15. Mariah used drugs, mainly cocaine and heroin, both before, a bit during, and immediately after the baby's birth.

View More Related Solutions