Question

Tobe is a 22 - year – old college student with $5,000 of interest income and $6,000 of earned income. Kiddie tax will apply to him if O A. he is a part – time student and the cost of his support is $12,000 or less. B. he is a part – time student and the cost of his support exceeds $12,000. O C. he is a full – time student and the cost of his support exceeds $12,000. O D. he is a full – time student and the cost of his support is $12,000 or less. Click to select your answer. javascript:doExercise(9); 5:53 PM Type here to search 1/26/2020

Answer 1

In case of Kiddie tax,

if the age is between 19 to 23, he should be FULL TIME STUDENT.

This eliminates Option A and Option B.

The correct answer is between option C and option D

Another condition says that EARNED INCOME should NOT be more than HALF of the COST of SUPPORT

His earned income is $ 6,000. His support should be more than 12,000 in order for him to be eligible.

Option C is correct