Lacy is a single taxpayer. In 2013, her taxable income is $52,200. What is her t
ID: 2704997 • Letter: L
Question
Lacy is a single taxpayer. In 2013, her taxable income is $52,200. What is her tax liability in each of the following alternative situations? Use Tax rate schedule for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
All of her income is salary from her employer.
Tax liability:
Her $52,200 of taxable income includes $4,800 of qualified dividends.
Tax liability:
Her $52,200 of taxable income includes $19,700 of qualified dividends.
Tax liability:
Lacy is a single taxpayer. In 2013, her taxable income is $52,200. What is her tax liability in each of the following alternative situations? Use Tax rate schedule for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
a.All of her income is salary from her employer.
Tax liability:
Her $52,200 of taxable income includes $4,800 of qualified dividends.
Tax liability:
Her $52,200 of taxable income includes $19,700 of qualified dividends.
Tax liability:
Schedule X - Single Schedule Y - 1 - Married Filing Jointly or Qualifying Window (er) Schedule Z - Head of Household Schedule Y - 2 - Married Filling separately
Explanation / Answer
No tax rate schedule is provided.
So you can apply the rates on your own.
A. 52200
B. 47400
C. 32500
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