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In 2020, Sheryl is claimed as a dependent on her parents' tax return. Her parents report taxable income of $500,000 (married filing jointly). Sheryl did not provide more than half her own support.

What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, for reference. (Leave no answer blank. Enter zero if applicable.)

a. She received $6,100 from a part-time job. This was her only source of income. She is 16 years old at year-end.

b. She received $6,100 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 16 years old at year-end.

d. She received $6,100 of qualified dividend income. This is her only source of income. She is 16 years old at year-end. (Round your final answer to 2 decimal places.)

2020 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: $ 0 $ 9,875 $ 40,125 But not The tax is: over: $ 9,875 10% of taxable income $987.50 plus 12% of the excess over $ 40,125 $9,875 $ 85,525 $4,617.50 plus 22% of the excess over $40,125 $14,605.50 plus 24% of the excess over $163,300 585,525 $33,271.50 plus 32% of the excess over $207,350 $163,300 $47,367.50 plus 35% of the excess over $518,400 $207,350 $156,235 plus 37% of the excess over $518,400 $ 85,525 $163,300 $207,350 $518,400 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is But not The tax is: over: over: $ 0 $ 19,750 10% of taxable income $1,975 plus 12% of the excess over $ 19,750 S 80,250 $19,750 $9,235 plus 22% of the excess over $ 80,250 $171,050 S80,250 $29,211 plus 24% of the excess over $171,050 $326,600 $171,050 $66,543 plus 32% of the excess over $326,600 $414,700 $326,600 $94,735 plus 35% of the excess over $414,700 $622,050 $414,700 $167,307.50 plus 37% of the excess over $622,050 $622,050 Schedule Z-Head of Household If taxable income is But not The tax is: over: over: $ 0 $ 14,100 | 10% of taxable income $1,410 plus 12% of the excess over $ 14,100 S 53,700 $14,100 S6,162 plus 22% of the excess over $ 53,700 S 85,500 S53,700 $13,158 plus 24% of the excess over $ 85,500 $163,300 $85,500 $163,300 $31,830 plus 32% of the excess over $207,350 S163,300 $45,926 plus 35% of the excess over $207,350 $518,400 $207,350 $154,793.50 plus 37% of the excess over $518,400 $518,400 Schedule Y-2-Married Filing Separately If taxable income is But not The tax is: over: over: $ 0 $ 9,875 | 10% of taxable income $987.50 plus 12% of the excess over $ 9,875 $ 40,125 $9,875 $4,617.50 plus 22% of the excess over $ 40,125 $ 85,525 $40,125 $14,605.50 plus 24% of the excess over $ 85,525 $163,300 S85,525 $33,271.50 plus 32% of the excess over $163,300 $207,350 S163,300 $47,367.50 plus 35% of the excess over $207,350 $311,025 $207,350 $83,653.75 plus 37% of the excess over $311,025 S311,025 Tax Rates for Net Capital Gains and Qualified Dividends Taxable Income Rate* Married Filing Jointly Married Filing Separately Single Head of Household Trusts and Estates 0% $0-$80,000 $0-$40,000 $0 - $40,000 $0-$53,600 $0 - $2,650 15% $80,001 - $496,600 $40,001 - $248,300 $40,001 - $441,450 $53,601 - $469.050 $2,651 - $13,150 20% $496,601+ $248,301- $441,451- $469,051- $13,151+ *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose)

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