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please help! Decl Online Structured Activity Personal taxes Mary Jarvis is a single individual who is working on filing her tax return for the previous

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Decl Online Structured Activity Personal taxes Mary Jarvis is a single individual who is working on filing her tax return for the previous year, she has assembled the following relevant informations . She received $131,000 in salary . She received $10,000 of dividend income . She received $8,400 of interest income on Home Depot bonds She received $4,500 from the sale of Disney stock that was purchased 2 years prior to the sale at a cost of $5,400. She received $10,000 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $4,600 Mary receives one emption (54,000), and she has allowable itemized deductions of $7,500. These amounts will be deducted from her gross income to determine her taxable income As that her tax rates are based on Table 3.5. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below Open soundsheet What is Mary's federal tax liability Round your answer to the nearest cent. Do not round intermediate calculations 5 What is her marginal tax rate Round your answer to 1 decimal place 2H What is her vegetawrote Round your answer to 2 decimal places Excel Online Structured Activity: Personal taxes Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the followin . She received $131,000 in salary. She received $10,000 of dividend income. . She received $8,400 of interest income on Home Depot bonds. She received $24,500 from the sale of Disney stock that was purchased 2 years prior to the sale at a cost of $5,400. . She received $10,000 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $4,600. Mary receives one exemption ($4,000), and she has allowable iternized deductions of $7,500. These amounts will be de Assume that her tax rates are based on Table 3.5. The data has been collected in the Microsoft Excel Online file below. Open t questions below. . X HIHI Open spreadsheet a. What is Mary's federal tax liability? Round your answer to the nearest cent. Do not round intermediate calculations. b. What is her marginal tax rate? Round your answer to 1 decimal place. 28 % c. What is her average tax rate? Round your answer to 2 decimal places. % SOVO File Home Insert Formulas Data Review View Help Tell me what you want to do Editing Arial v 10 B Ev & Au Merge Currency 16 D 1 Personal taxes 3 Salary Tax Table for Single Individuals: Taxable income $10,000.00 $8.400.00 $24,500.00 $5,400,00 $10,000.00 $4,000.00 $4,000.00 $7,500.00 15.00% Percinta Amount Pad on Excos on Base over Base S000 $0.00 10 00 $0.225.00 $922 50 15,000 $37 45000 55.150.25 25 $120.750.00 $18.48125 20.00 $189,750.00 S5 075 25 3.00% $411 500.00 $119.401 25 35 DON $413 200 00 $119.90025 30.00% 4 Dividend Income 5 Interest Income LT Stock Sale LT Stock Cost 8 ST Stock Salo 9 ST Stock Cost 10 Person Exemption 11 Itomized Deductions 12 Aplicable Tax Rate on Dividends & LT Capital Gains 13 14 m. Calculation of Federal Tax Liability 15 Calculation of Taxable income 16 Salary 12 Inforest Income 18 ST Capital 19 Income before Exemption and Deductions 20 Porsonal Exemption 21 mized Deductions Tecate Income before Dividends & LT Capital Gains 23 24 Taxes on Taxable income Bofore Dividends & LT Capital ans 25 Tax Liability on Baso of Bracket 26 Thx Liability on Excess over Base Thxon Taxable income before Dividends & LT Capital Gains Formulas WNA MNA NA ANA NA ANIA WNA UNA NNIA Sheet1 + Calculation Mode: Automatic Won.book Statistics Type here to search O

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