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Robert Patrick's taxable income for 2021 is $300,000 which includes a Long-Term Capital Gain (LTCG) of $10,000. He is unmarried with no dependents for
Robert Patrick's taxable income for 2021 is $300,000 which includes a Long-Term Capital Gain (LTCG) of $10,000. He is unmarried with no dependents for all of 2021. Required: Calculate the income tax liability for 2021? Use the tax rate schedule approach for any calculations.
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