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! Required information [The following information applies to the questions displayed below.) Lacy is a single taxpayer. In 2020, her taxable income is $42,600. What
! Required information [The following information applies to the questions displayed below.) Lacy is a single taxpayer. In 2020, her taxable income is $42,600. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round intermediate calculations.) c. Her $42,600 of taxable income includes $5,600 of qualified dividends. (Round your answers to 2 decimal places.) Tax liability
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