During 2015, George (age nine and claimed as a dependency exemption by his parents) received dividend income of $3,700, and had wages from an after-school job of $1,700. What is the amount hat will be reported as George's taxable income for 2015?

During 2015, George (age nine and claimed as a dependency exemption by his parents) received dividend income of $3,700, and had wages from an after-school job of $1,700. What is the amount hat will be reported as George's taxable income for 2015?






a. $250
b. $3,350
c. $3,450
d. $5,400






Answer: B


Tax

Learn More Multiple Choice Question :