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Jorge Gomez is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. Wages from W2 $94850 Taxable
Jorge Gomez is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. Wages from W2 $94850 Taxable Int $250 Ordinary DIV $1600 Capital Gain $1000
We are taking the standard deduction. I'm coming up with a taxable income of $85,500. But I'm having a hard time calculating the Tax for line 12a. I believe the capital gain of $1000 should be taxed at 15% I'm not sure how to make this all fit together.
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