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Lacy is a single taxpayer. In 2017, her taxable income is $50,000. What is her tax liability in each of the following alternative situations? Use
Lacy is a single taxpayer. In 2017, her taxable income is $50,000. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
a. All of her income is salary from her employer.
b. Her $50,000 of taxable income includes $2,400 of qualified dividends.
c. Her $50,000 of taxable income includes $18,100 of qualified dividends.
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