Question 1
Vincent, age 12, is a dependent of his parents. During 2016, Vincent's earned income from wages is $2,600 and Vincent received $3,000 of interest income. The parent's marginal rate is 28% and Vincent's marginal rate is 10%. Vincent's tax is
◦ $265.
◦ $742.
◦ $412.
◦ None of these.
Question 2
When a spouse dies, the surviving spouse for the year of death
◦ may file a married filing jointly return.
◦ must file a tax return using the single filing status.
◦ must file a tax return using the head of household filing status.
◦ may file a married filing jointly return only if the death occurred in the last half of the year.