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Katrina is single and has a qualified dependent. In 2019 she earned $48,000 in wages and had $6,000 which qualifies for the long-term capital gains
Katrina is single and has a qualified dependent. In 2019 she earned $48,000 in wages and had $6,000 which qualifies for the long-term capital gains investment-type rates. She was not able to itemize her deductions. Calculate Katrinas adjusted gross income, taxable income, and net taxes due.
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