a. Chandler, who files as a single taxpayer, has taxable income of $98,600.

Tax liability:	$
Marginal rate:		%
Average rate:		%

b. Lazare, who files as a head of household, has taxable income of $74,600.

Tax liability:	$
Marginal rate:		%
Average rate:		%

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uring the year, Tamara had capital transactions resulting in gains (losses) as follows:

	Sold stock in ABC Company (acquired two years ago)	($5,350)
	Sold collectible coins (held for more than one year)	7,490
	Sold stock in XYZ Company (acquired six months ago)	(14,980)
	Sold stock in LMN Company (acquired three years ago)	1,872

Determine Tamaras net capital gain or loss as a result of these transactions.

As a result of these transactions, Tamara has a net long-term capital gain of $ and a short-term capital loss of $.

Overall, Tamara has a net short-term capital loss of $

In 2019, Simon, age 12, has interest income of $5,340 and no earned income. He has no investment expenses.

Click here to access the 2019 tax rate schedule and 2019 Estate and Trust Tax Rate Schedule. If required, round the tax liability to the nearest dollar.

Net unearned income is	$.
Simon's total tax is	$.