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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 $42,400. What is

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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 $42,400. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates. Estates and Tests for reference. (Do not round intermediate calculations.) a. All of her income is salary from her employer. Tax libiy Required information The following information applies to the questions displayed below.) Lacy is a single taxpayer. In 2020. her taxable income is $42,400. 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.) b. Her $12,400 of taxable income includes $1.400 of qualified dividends. Tax liability Required information [The following information applies to the questions displayed below.) Lacy is a single taxpayer. In 2020, her taxable income is $12.400. 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 $12,400 of taxable income includes $5,400 of qualified dividends. (Round your answers to 2 decimal places.) Tully

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