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7-9 What is the tax liability for a single individual who has taxable income of $115, 500, that includes a taxable qualified dividend of $2

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What is the tax liability for a single individual who has taxable income of $115, 500, that includes a taxable qualified dividend of $2 000? All answers should be rounded to the nearest dollar. $27, 817. $25, 151. $32, 411. $25, 256. Tom and Betsy, who are married filing jointly, reported a standard deduction of $12, 400 on their 2014 tax return. They paid $500 to the state for income taxes in 2014. In 2015, they received a $125 refund of state taxes paid in 2014. What is the amount that Tom and Betsy need to report on their 2015 tax return? $500. $125. $375. $0. What item should not be included in income? Worker's compensation payments. Prizes and awards. Jury duty pay. Sick pay

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