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Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use
Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) rev: 02_29_2020_QC_CS-202942
c. Her $42,300 of taxable income includes $7,600 of qualified dividend.
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