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For 2019, Heidi has properly determined that her taxable income is $46,800, including $1,200 of unrecaptured 1250 gain and $5,000 of 0%/15%/20% gain. Heidi qualifies
For 2019, Heidi has properly determined that her taxable income is $46,800, including $1,200 of unrecaptured 1250 gain and $5,000 of 0%/15%/20% gain. Heidi qualifies as head of household for 2019. Compute Heidi's tax liability and tax savings from the alternative tax on net capital gain. Click here to access the tax rate schedules to use for this problem. When computing Heidi's tax liability, what tax rate is used for: The $1,200 of unrecaptured 1250 gain? The $5,000 of 0%/15%/20% gain? Heidi's tax liability is $ and the tax saving from the alternative tax computation is $
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