Divya is age 22 and a full-time student with $8,000 of income from part-time and summer jobs and $2,600 of interest and dividend income. The total cost of her support for the year is $15,000. Divya is not subject to the kiddie tax.
Answer the following statement true (T) or false (F)
True
For children between ages 19 and 23 with unearned income exceeding $2,100 in 2018, the kiddie tax will apply unless earned income exceeds half of the cost of support. Divya's earned income is more than half of the cost of her support so kiddie tax will not apply.
You might also like to view...
Sharon quit her job because she felt that her department's reward system favored men. This would be diagnosed as a(n) ________ level problem.
A. individual B. group C. interactional D. situation E. organizational
Which closing technique persuades prospects to place the order by making them believe that it is beneficial to buy the product sooner rather than later?
A. Benefits close B. Suggestive proposition close C. Alternative-choice D. Standing-room-only E. Balance-Sheet
A study examined emotional intelligence among US military aircrew and maintenance teams with a total of 422 servicemen as respondents. It found that
a. emotionally intelligent servicemen were promoted faster b. although prior studies had found emotional intelligence to predict leadership in other settings, the strict command and control nature of the military suppressed the effects of emotional intelligence c. leaders’ emotional intelligence did influence the development of emotionally competent team norms, and the norms did influence performance d. emotionally intelligent servicemen were more likely to have been decorated for bravery and to have maintained emotional control while under fire
What type of testing involves the adjustment and presentation of items based on the detected ability levels of test-takers as they complete the test?
A. personality testing B. electronic testing C. computer adaptive testing D. hard/copy testing