Jenna Has Total taxable Income of : wages = $136000
Profit from sale of stock = $4500
Total Taxable Income =$140500
As per slabs , No tax till $19050 =$ 0
from, $19050 -$77400 = $58350 * Average tax rate => $58350*11.5% => $6710.25
from, $77400- $140500= $63100* Average tax rate =>$ 63100*17.1% => $10790.1
Total tax liabilty of Jenna = $0+$6710.25+$10790.1 => $17500.35
# As per guideline can only give the first answer to first question if not specified. Ask if you have any other queries
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