Mathematics, 17.02.2021 14:10 shaffergabe10
Alex is a single taxpayer with $80,000 in taxable income. His Investment Income consists of $500 of qualified dividends and short-term capital gains of $2,000. Use the tables to complete the statement. Single Taxpayers: Income Brackets Tax Rate Income Bracket 10% O to 9,525 Single Taxpayers: Qualified Dividends and Long-Term Capital Gains Tax Rate Income Bracket 12% 9,526 to 38,700 22% 38,701 to 82,500 0% O to 38,600 24% 82,501 to 157,500 15% 38,601 to 425,800 32% 157,501 to 200,000 20% > 425,800 35% 200,001 to 500,000 37% > 500,000 Alex will owe $ in taxes on his investment Income. ights reserved M
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Alex is a single taxpayer with $80,000 in taxable income. His Investment Income consists of $500 of...
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