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Lara, a single individual, has $ 1 8 4 , 0 0 0 taxable income. Assume the taxable year is 2 0 2 3 .
Lara, a single individual, has $ taxable income. Assume the taxable year is Use Individual Tax Rate Schedules.
Required:
Compute income tax assuming that:
Taxable income includes no capital gain.
Taxable income includes $ capital gain eligible for the percent preferential rate.
Note: For all requirement
Individual Tax Rate Schedules
Married Filing Jointly and Surviving Spouse
If taxable income is The tax is
Not over $ of taxable income
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ $ of excess over $
Married Filing Separately
If taxable income is The tax is
Not over $ of taxable income
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ $ of excess over $
Head of Household
If taxable income is The tax is
Not over $ of taxable income
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ $ of excess over $
Single
If taxable income is The tax is
Not over $ of taxable income
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ but not over $ $ of excess over $
Over $ $ of excess over $
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