In 2018, Sheryl is claimed as a dependent on her parents' tax return. 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, Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) a. She received $5,500 from a part-time job. This was her only source of income. She is 16 years old at year-end. Tax liability b. She received $5,500 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. Tax liability c. She received $5,500 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 20 years old at year-end and is a full-time student. Tax liability d. She received $5,500 of qualified dividend income. This is her only source of income. She is 16 years old at year-end. Tax liability 2018 Tax Rate Schedules Individuals Schedule X-Single Schedule Z-Head of Household If taxable income But not over: If taxable income is But not over: is over: over 0 $ 9,525 | 10% of taxable income 0 S 13.600 | 10% of taxable income $ 3S,700 | S952.50 plus 12% of $ 51,500 | $1.360 plus 12% of the excess over $9.525 the excess over $ S2.500 | $4,453.50 plus 22% of $ 82.500 $5.944 plus 22% of the excess over S51.800 the excess over S38,700 S 82,500 $157,500 | $14.0S9.50 plus 24% S 82,500 $157.500 | $12.698 plus 24% of the excess over S82,500 of the excess over SS2,500 $157,500 $200.000 | $32.0S9.50 plus 32% $157,500 $200.000 | $30.698 plus 32% of of the excess over the excess over S157,500 $157,500 $200,000 $500.000 | $45.6S9.50 plus 35% $200,000 $500.000 | $44.298 plus 35% of of the excess over the excess over 200,000 $200,000 $500,000 $500,000 $150.689.50 plus 37% of the excess over S500,000 $149.29S plus 37% of the excess over 500,000 Schedule Y-1-Married Filing Jointly or Qualifying Schedule Y-2-Married Filing Separately Wido er If taxable income But not over: The tax is: If taxable income is But not over: is over over 0 $ 19.050 | 10% of taxable income 0 $ 9.525 | 10% of taxable income S 19,050 $ 77.400 | $1,905 plus 12% of $ 3S.700 | $952.50 plus 12% of the excess over S19,050 the excess over $9.525 $165.000 | $8.907 plus 22% of $ 82.500 | $4.453.50 plus 22% of the excess over the excess over $77.400 $165.000 $315.000 | $2S. 179 plus 24% of S 82.,500 $157,500 | $14.0S9.50 plus 24% the excess over of the excess over S165,000 S82,500 $315,000 $400.000 | $64,179 plus 32% of $157,500 $200.000 | $32.0S9.50 plus 32% the excess over of the excess over S315,000 S157,500 $400,000 $600.000 | $91,379 plus 35% of $200,000 $300.000 | $45.6S9.50 plus 35% of the excess over the excess over S400,000 $200,000 $161.379 plus 37% of the excess over 600,000 $600,000 S300,000 $80.6S9.50 plus 37% of the excess over S300,000 Tax Rates for Net Capital Gains and Qualified Dividends Rate Taxable Income Married Filing Jointly Married Filing Separately Single Head of Trusts and Household Estates 0% 15% | $77.201 _ $479.000 | $38.601-$239.500 | $38.601-$425.800 | $51.701-$452.400 | $2.601-$12.700 20% SO - $77,200 SO - $38,600 SO - $38,600 SO - $51.700 $O - $2,600 $479,000+ $239,500+ $425,801+ $452.401+ $12.701+ *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) Estates and Trusts Ir taxable income is But not The tax is: over: over: 0 $ 2,550 | 10% of taxable income S 2,550 $ 9,150 | $255 plus 24% of the excess over $2,550 $9.150 $12,500 | $1,839 plus 35% of the excess over $9,150 $12,500 $3.01 1.50 plus 37% of the excess over $12,500 2018 Tax Rate Schedules Individuals Schedule X-Single Schedule Z-Head of Household If taxable income But not over: If taxable income is But not over: is over: over 0 $ 9,525 | 10% of taxable income 0 S 13.600 | 10% of taxable income $ 3S,700 | S952.50 plus 12% of $ 51,500 | $1.360 plus 12% of the excess over $9.525 the excess over $ S2.500 | $4,453.50 plus 22% of $ 82.500 $5.944 plus 22% of the excess over S51.800 the excess over S38,700 S 82,500 $157,500 | $14.0S9.50 plus 24% S 82,500 $157.500 | $12.698 plus 24% of the excess over S82,500 of the excess over SS2,500 $157,500 $200.000 | $32.0S9.50 plus 32% $157,500 $200.000 | $30.698 plus 32% of of the excess over the excess over S157,500 $157,500 $200,000 $500.000 | $45.6S9.50 plus 35% $200,000 $500.000 | $44.298 plus 35% of of the excess over the excess over 200,000 $200,000 $500,000 $500,000 $150.689.50 plus 37% of the excess over S500,000 $149.29S plus 37% of the excess over 500,000 Schedule Y-1-Married Filing Jointly or Qualifying Schedule Y-2-Married Filing Separately Wido er If taxable income But not over: The tax is: If taxable income is But not over: is over over 0 $ 19.050 | 10% of taxable income 0 $ 9.525 | 10% of taxable income S 19,050 $ 77.400 | $1,905 plus 12% of $ 3S.700 | $952.50 plus 12% of the excess over S19,050 the excess over $9.525 $165.000 | $8.907 plus 22% of $ 82.500 | $4.453.50 plus 22% of the excess over the excess over $77.400 $165.000 $315.000 | $2S. 179 plus 24% of S 82.,500 $157,500 | $14.0S9.50 plus 24% the excess over of the excess over S165,000 S82,500 $315,000 $400.000 | $64,179 plus 32% of $157,500 $200.000 | $32.0S9.50 plus 32% the excess over of the excess over S315,000 S157,500 $400,000 $600.000 | $91,379 plus 35% of $200,000 $300.000 | $45.6S9.50 plus 35% of the excess over the excess over S400,000 $200,000 $161.379 plus 37% of the excess over 600,000 $600,000 S300,000 $80.6S9.50 plus 37% of the excess over S300,000 Tax Rates for Net Capital Gains and Qualified Dividends Rate Taxable Income Married Filing Jointly Married Filing Separately Single Head of Trusts and Household Estates 0% 15% | $77.201 _ $479.000 | $38.601-$239.500 | $38.601-$425.800 | $51.701-$452.400 | $2.601-$12.700 20% SO - $77,200 SO - $38,600 SO - $38,600 SO - $51.700 $O - $2,600 $479,000+ $239,500+ $425,801+ $452.401+ $12.701+ *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) Estates and Trusts Ir taxable income is But not The tax is: over: over: 0 $ 2,550 | 10% of taxable income S 2,550 $ 9,150 | $255 plus 24% of the excess over $2,550 $9.150 $12,500 | $1,839 plus 35% of the excess over $9,150 $12,500 $3.01 1.50 plus 37% of the excess over $12,500


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