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Matt and Meg Comer are married and file a joint tax return. They d o not have any children. Matt works a s a history
Matt and Meg Comer are married and file a joint tax
return. They not have any children. Matt works
history professor a local university and earns a salary
$ Meg works part time the same university.
She earns $ a year. The couple does not itemize
deductions. Other than salary, the Comers' only other
source income from the disposition various
capital assets stocks the
tax rate schedules,
Dividends and Capital Gains Tax Rates.
Note: Round your final answers the nearest whole
dollar amount.
What the Comers' tax liability for they report the following
capital gains and losses for the year?
Schedule Married Filing Jointly Qualifying surviving spouseTax Rates for Net Capital Gains and Qualified Dividends
rate applies the net capital gains and qualified dividends that fall within the range taxable income specified the table capital gains and qualified dividends
are included taxable income last for this purpose Schedule Married Filing Jointly Qualifying surviving spouse
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