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Which of the following statements is true? a) The Additional Medicare Tax applies only to self-employment income, not salary and wages. b. Rents, royalties and security deposits are included in income when received. c. Unemployment compensation is not taxable. d. It is always a good idea to include a child's income on the parents' return if eligible to do so. e. None of the answers provided is correct. 10. Ted, who is single and takes the standard deduction, has taxable income of $200,000, tax preferences of $48,000 and a regular tax liability of $42,832 in 2023 . What is his alternative minimum tax? a. $510 b. $7,722 c. $4,111 d. $46,943 e. None of the answers provided is correct. TI=200,000T=248,00048,000166700(81,300)21004,342(136,000) 11. Mary, a single taxpayer, has salary of $114,251 and self-employment income of $134,000 in 2023 . What is Mary's Additional Medicare Tax for 2023 (rounded)? a. $1,028 b. $2,234 c. $434 d. $342 126429 e. None of the answers provided is correct. 12. Sue is 16 , an only child, a dependent of her parents, and has wages of $7,000 and taxable interest of $4,800. Her parents have taxable income of $120,000. What is Sue's tax liability for 2023 ? a. $1,456 b. $716 SD=40800%7400 c. $968 d. $440 e. None of the answers provided is correct. 7000 4800

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