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Capital Gains and Losses (LO. 5) Jennifer is single and has the following income and expenses: Salary Interest income $75,900 5,200 8,700 Dividend income Long-term
Capital Gains and Losses (LO. 5) Jennifer is single and has the following income and expenses: Salary Interest income $75,900 5,200 8,700 Dividend income Long-term capital gain 10,500 Short-term capital loss 14,900 3,300 Deductions for AGI Deductions from AGI 14,800 The standard deduction is $12,000 for single taxpayers. Dividends and net long-term capital gains are taxed at a rate of 15%. Refer to the Tax schedules table to answer the following question. Round intermediate calculations and final answers to the nearest dollar. Jennifer's taxable income is $ 68,700 V and her income tax liability is $
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