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Captital Gains and Losses Jennifer is single and has the following income and expense salary: 76,000 interest income: 5,000 dividend income: 9,000 long term capital

Captital Gains and Losses

Jennifer is single and has the following income and expense

salary: 76,000

interest income: 5,000

dividend income: 9,000

long term capital gain: 10,000

short term capital loss: 14,000

deduction for agi: 3,000

deduction from agi: 9,000

the standard deduction is 6,300 for single taxpayer. the personal and dependency exception is 4,000. dividend and net long-term capital gains are taxed at rate of 15%

What is her taxable income and her income taxability ?

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