8.  Lisa is 17 years old and is a dependent of her parents.  She has income from a summer job of $5,000 and she has $6,500 of interest income on corporate bonds.  So her gross income is $11,500.  (a) What is her taxable income (TI)?  (b) How much of her TI is Net Unearned Income (NUI), subject to taxation under the kiddie tax rules?

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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8.  Lisa is 17 years old and is a dependent of her parents.  She has income from a summer job of $5,000 and she has $6,500 of interest income on corporate bonds.  So her gross income is $11,500.  (a) What is her taxable income (TI)?  (b) How much of her TI is Net Unearned Income (NUI), subject to taxation under the kiddie tax rules?  

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