V Is 11 Years of Age, Her Only Income Is

question 21

True/False

V is 11 years of age, her only income is interest from savings of $3,200, and she has no itemized deductions.V is claimed as a dependent by her parents.V's taxable income is $2,250 for 2012, $1,300 of which is taxed at her parents' marginal tax rate.

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Definitions:

Central Nervous

Often referred to as the central nervous system, it includes the brain and spinal cord, responsible for processing and sending out signals to the rest of the body.

Spinal Cord

The long, thin, tubular structure made up of nervous tissue that extends from the brain, encased within the spine, facilitating communication between the brain and the rest of the body.

Cerebellum

The cerebellum is a section of the brain located at the back and lower part of the skull which coordinates voluntary movements, maintains posture, and balances.

Coordinating Movements

The process through which the body's muscular, skeletal, and nervous systems work together to execute complex motor tasks.