Velma is 16. Her income consists of municipal bond interest of $400 and interest credited to her savings account of $2,340. If her parent's taxable income is $88,000, what is Velma's 2019 tax liability on her unearned income?
A. $0
B. $14
C. $220
D. $234
E. $140
Answer: B
You might also like to view...
Which of the following is the result of using an effective communication process in an organization?
A) An effective communication process slows down the problem-solving time, allowing for better analysis of options before decisions are made. B) An effective communication process hampers employee satisfaction and increases employee turnover. C) An effective communication process increases timely, reliable information, leading to "information overload" during the decision making process. D) An effective communication process is more costly than other communication processes. E) An effective communication process provides the ability to influence others and their perceptions both in the workplace and in the greater community.
Effective cost control begins in the planning stage of the management cycle
Indicate whether the statement is true or false
Adding value with a cluster of satisfactions would be an effective way to deal with:
A) time resistance B) adaptive selling C) price resistance D) third-party testimonials E) decision postponements
Irish labor relations are greatly influenced by the labor relations system in _______________________________.
Fill in the blank(s) with the appropriate word(s).