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Objective Short Answer Individual (T), a single 29 year-old individual, U.S. citizen, not a dependent of anyone else, earned $6,000 of wage income and $50,000
Objective Short Answer Individual ("T"), a single 29 year-old individual, U.S. citizen, not a dependent of anyone else, earned $6,000 of wage income and $50,000 of net long-term capital gain recognized in 2019. What is I's Taxable Income for 2019? AND What is I's Tax Due in 2019 (excluding any payroll tax (FICA, FUTA etc...)
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