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Lacy is a single taxpayer. In 2023, her taxable income is $50,600. What is her tax liability in each of the following alternative situations? Use

Lacy is a single taxpayer. In 2023, her taxable income is $50,600. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

a. All of her income is salary from her employer.

b. Her $50,600 of taxable income includes $3,600 of qualified dividends.

c. Her $50,600 of taxable income includes $7,600 of qualified dividends.

use 2023 tax rate scheduleimage text in transcribed

image text in transcribed Tax Rates for Net Capital Gains and Qualified Dividends 2023 Tax Rate Schedules

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