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Primrose Parker files as head of household. Calculate her tax liability based on the following information: Salary $100,000 T Bill interest $90,000 NIKE Dividends $50,000
Primrose Parker files as head of household. Calculate her tax liability based on the following information: Salary $100,000 T Bill interest $90,000 NIKE Dividends $50,000 Qualified Partnership income $90,000 Long Term Capital Gains $70,000 Contribution to health savings account $1,000 Contribution to Individual Retirement Account. $2,000 Real Estate Taxes $8,000 Medical Expenses $30,000 Mortgage Interest $20,000. The $1,000,000, mortgage was signed in 2020. Charitable Contributions $10,000.
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