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please print answer neatly in simple words or steps by steps please. 7. [10 points] Yolanda's adjusted gross income was $55,000. All of the income
please print answer neatly in simple words or steps by steps please.
7. [10 points] Yolanda's adjusted gross income was $55,000. All of the income was from long- term investments. She will file as single and take the standard deduction. a. Find her taxable income. b. Find the federal income tax owed. Use the textbook's percentages (do not look up current tax rates). C. Find the FICA tax owed. d. Find the total taxes paid and the tax rateStep by Step Solution
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