Calculate the 2017 total tax for Gordon Geist, a single taxpayer with no dependents and no itemized
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Calculate the 2017 total tax for Gordon Geist, a single taxpayer with no dependents and no itemized deductions. He has an active income of $40,000, a short-term capital gain income of $4,000 from the sale of stock, and $7,800 from book royalties. What is Gordon’s average tax rate?
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Gordons total estimated tax liability in 2017 is 608875 Gross Income of 5180000 40000 4000 ...View the full answer
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
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