In 2000 , Ms. Ennis, a head of household, contributed $50,000 in exchange for 500 shares of Seta stock. Seta is a qualified small business. This year, Ms. Ennis sold all 500 shares for $117,400. Her only other investment income was an $8,600 long-term capital gain from the sale of land. Her taxable income before consideration of her two capital transactions is $590,000. Assume the taxable year is 2022. Use and Tax rates for capital gains and qualified dividends. Required: a. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. b. How would the computation change if Ms. Ennis acquired the Seta stock in 2011 instead of 2000? c. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000? Complete this question by entering your answers in the tabs below. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Bangura, Incorporated has accumulated minimum tax credits of $1.3 million from tax years prior to 2018 . The following are Bangura's regular tax before credits for 2018 through 2021. Required: a. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the TCJA rules prior to enactment of the CARES Act. b. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Bangura does not adopt the quickie 2018 refund option. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Bangura does not adopt the quickie 2018 refund option. Note: Negative amounts should be indicated by a minus sign. Enter your answers in whole dollars not in millions. Required: a. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. b. How would the computation change if Ms. Ennis acquired the Seta stock in 2011 instead of 2000 ? c. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000 ? Complete this question by entering your answers in the tabs below. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000? Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. In 2000 , Ms. Ennis, a head of household, contributed $50,000 in exchange for 500 shares of Seta stock. Seta is a qualified small business. This year, Ms. Ennis sold all 500 shares for $117,400. Her only other investment income was an $8,600 long-term capital gain from the sale of land. Her taxable income before consideration of her two capital transactions is $590,000. Assume the taxable year is 2022. Use and Tax rates for capital gains and qualified dividends. Required: a. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. b. How would the computation change if Ms. Ennis acquired the Seta stock in 2011 instead of 2000? c. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000? Complete this question by entering your answers in the tabs below. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Bangura, Incorporated has accumulated minimum tax credits of $1.3 million from tax years prior to 2018 . The following are Bangura's regular tax before credits for 2018 through 2021. Required: a. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the TCJA rules prior to enactment of the CARES Act. b. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Bangura does not adopt the quickie 2018 refund option. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Bangura does not adopt the quickie 2018 refund option. Note: Negative amounts should be indicated by a minus sign. Enter your answers in whole dollars not in millions. Required: a. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. b. How would the computation change if Ms. Ennis acquired the Seta stock in 2011 instead of 2000 ? c. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000 ? Complete this question by entering your answers in the tabs below. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000? Note: Round your intermediate calculations and final answers to the nearest whole dollar amount