Angelena files as a head of household. In 2019, she reported $53,750 of taxable income, including...
Angelena files as a head of household. In 2019, she reported $53,750 of taxable income, including a $10,900 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount?
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Angelena files as a head of household. In 2019, she reported
$53,750 of taxable income, including...
Angelena files as a head of household. In 2019, she reported $54,250 of taxable income, including...
Angelena files as a head of household. In 2019, she reported $54,250 of taxable income, including a $12,400 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? (Use the tax rate schedules, long-term capital gains tax brackets)
Angelena files as a head of household. In 2018, she reported $54,100 of taxable income, including...
Angelena files as a head of household. In 2018, she reported $54,100 of taxable income, including a $15,400 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? (Use the tax rate schedules.)
In 2019, Ryan files as head of household and has taxable income of $122,500. None of...
In 2019, Ryan files as head of household and has taxable income of $122,500. None of his taxable income consists of capital gains or qualified dividends. Using the tax rate schedule, his tax liability totals $ (rounded to the nearest dollar).
Jamie is single. In 2019, she reported $101,000 of taxable income, including a long-term capital gain...
Jamie is single. In 2019, she reported $101,000 of taxable income, including a long-term capital gain of $5100. What is her gross tax liability, rounded to the nearest whole dollar amount?
Jamie is single. In 2020, she reported $90,525 of taxable income, including a long-term capital gain...
Jamie is single. In 2020, she reported $90,525 of taxable income, including a long-term capital gain of $5,000. What is her gross tax liability, rounded up to the nearest whole dollar amount? (Use the Tax rate schedules.) Select one: O a. $15,356 O b. None of the other choices O c. $15,806 O d. $14,606
Mary files as Head of Household and has the following gains and losses during 2019: LTCG...
Mary files as Head of Household and has the following gains and losses during 2019: LTCG LTCL STCG STCL $12,000 4.000 4,000 8,000 With respect only to her Gains Losses, how much is Mary's tax liability if she has taxable income of $50,000 and is in the 12% tax bracket? How much is her tax liability for her gains/losses if Mary's taxable income is $70,000 and her tax bracket is 22% (not 12%)?
Geronimo files his tax return as a head of household for year 2019. If his taxable...
Geronimo files his tax return as a head of household for year 2019. If his taxable income is $72,000, what is his average tax rate (rounded)? (Use tax rate schedule.)
Heather, a single taxpayer who files as a head of household, earns $62,100 in taxable income...
Heather, a single taxpayer who files as a head of household, earns $62,100 in taxable income and $15,500 in interest from an investment in city of Oxford Bonds. Using the U.S. tax rate schedule for year 2019, how much federal tax will she owe? What is her average tax rate? What is her effective tax rate? What is her current marginal tax rate? If Heather has an additional $41,000 of tax deductions, what is her marginal tax rate on these...
Geronimo files his tax return as a head of household for year 2019. If his taxable...
Geronimo files his tax return as a head of household for year 2019. If his taxable income is $225,000, what is his average tax rate? (Use Tax rate schedules Multiple Choice 2334 percent 15 37 percent 28.14 percent 3500 percent
Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $...
Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income $ 13,850 $ 52,850 $1,385 plus 12% of the excess over $13,850 $ 52,850 $ 84,200 $6,065 plus 22% of the excess over $52,850 $ 84,200 $160,700 $12,962 plus 24% of the excess over $84,200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45,210 plus 35% of the excess over $204,100 $510,300 -...
In 2019, Ryan files as head of household and has taxable income of $122,500. None of his taxable income consists of capital gains or qualified dividends. Using the tax rate schedule, his tax liability totals $ (rounded to the nearest dollar).
Jamie is single. In 2020, she reported $90,525 of taxable income, including a long-term capital gain of $5,000. What is her gross tax liability, rounded up to the nearest whole dollar amount? (Use the Tax rate schedules.) Select one: O a. $15,356 O b. None of the other choices O c. $15,806 O d. $14,606
Mary files as Head of Household and has the following gains and losses during 2019: LTCG LTCL STCG STCL $12,000 4.000 4,000 8,000 With respect only to her Gains Losses, how much is Mary's tax liability if she has taxable income of $50,000 and is in the 12% tax bracket? How much is her tax liability for her gains/losses if Mary's taxable income is $70,000 and her tax bracket is 22% (not 12%)?
Geronimo files his tax return as a head of household for year 2019. If his taxable income is $225,000, what is his average tax rate? (Use Tax rate schedules Multiple Choice 2334 percent 15 37 percent 28.14 percent 3500 percent
Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income $ 13,850 $ 52,850 $1,385 plus 12% of the excess over $13,850 $ 52,850 $ 84,200 $6,065 plus 22% of the excess over $52,850 $ 84,200 $160,700 $12,962 plus 24% of the excess over $84,200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45,210 plus 35% of the excess over $204,100 $510,300 -...
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