Unearned Income of Minor Children and Certain Students Brian and Kim have a 12-year-old child, Stan. For 2020, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500. Click here to access the in

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Unearned Income of Minor Children and Certain Students

Brian and Kim have a 12-year-old child, Stan. For 2020, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500.

Click here to access the income tax rate schedules.

If there was no kiddie tax and Stan is taxed at his own rate, what would the tax on his income be?
$fill in the blank 

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