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Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information:
Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information:
She received $ in salary.
She received $ of dividend income.
She received $ of interest income on Home Depot bonds.
She received $ from the sale of Disney stock that was purchased years prior to the sale at a cost of $
She received $ from the sale of Google stock that was purchased months prior to the sale at a cost of $
Mary receives one exemption $ and she has allowable itemized deductions of $ These amounts will be deducted from her gross Income to determine her taxable income.
Please help me find the federal tax liability, marginal tax rate, average tax rate! Thank you!
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