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Lacy is a single taxpayer. In 2023, her taxable income is $49,400. What is her tax liability in each of the following alternative situations? Use
Lacy is a single taxpayer. In 2023, her taxable income is $49,400. 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. Problem 8-50 Part c (Algo) c. Her $49,400 of taxable income includes $6,400 of qualified dividends. Tax liability $ 6,363.60
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