7. Bhavna, 16, is claimed as a dependent on her 2021, Bhavna earned wages of $8,608. Bhavna had 021. Bhavna had no deductible expenses in 2021 and usiness income deduction? What is Bhavna's taxable income for 2021? 302
7. Bhavna, 16, is claimed as a dependent on her 2021, Bhavna earned wages of $8,608. Bhavna had 021. Bhavna had no deductible expenses in 2021 and usiness income deduction? What is Bhavna's taxable income for 2021? 302
Chapter3: Tax Formula And Tax Determination; An Overview Of property Transactions
Section: Chapter Questions
Problem 47P
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Transcribed Image Text:7. Bhavna, 16, is claimed as a dependent on her parents' tax return.
In 2021, Bhavna earned wages of $8,608. Bhavna had investment income of $652 in
2021. Bhavna had no deductible expenses in 2021 and is not entitled to a qualified
business income deduction?
What is Bhavna's taxable income for 2021? 302
I
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