Salary $82,100 Interest income 4,500 Dividend income 9,100 Long-term capital gain 9,400 Short-term capital loss 13,600 Deductions for AGI 3,500 Deductions from AGI 14,200 The standard deduction is $12,400 for single taxpayers. Dividends and net long-term capital gains are taxed at a rate of 15%. Refer to the Tax schedules table to answer the following question. Round intermediate calculations and final answers to the nearest dollar. Jennifer's taxable income is $ 95,700 X and her income tax liability is $ 12,680 X. Feedback Check My Work To calculate taxable income, all income is summed. Recalling the individual income tax formula, all deductions and exemptions are subtracted. Then total tax liability is determined based on applicable tax rates.