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Single Individuals If a Corporations Taxable Income Is It Pays This Amount on the Base of the Bracket Plus This Percentage oStandard deduction for individual: $6,100 Average Tax Rate at Plus This Percentage on the Excess over the Base (Marginal Rate2013 Corporate Tax Rates It Pays This Plus This Percentage Amount on the on the Excess over the Base of the Bracket Base (Mar

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Answer #1

2013
Stanard deduction 6100
Personal exemption 3900
Wages $106000
Add:Long term capital gain taxable at special rate of 15% 6000
Less:standard deduction 6100
Personal exemption

3900
Taxable income $102000
Tax
Taxable at normal rate $96000 20173.25 17891.25+28%*(96000-87850)
Taxable at special rate (15%) $6000 900 (6000*15%)
$102000 21073.25

So Jenna owed $21073.25 in taxes including capital gain tax.

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