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Salary Interest Qualified dividends Gain on sale of stock held for 2 years Gambling winnings Gross income Standard deduction Taxable income $239,000 20,000 7,800 9,000
Salary Interest Qualified dividends Gain on sale of stock held for 2 years Gambling winnings Gross income Standard deduction Taxable income $239,000 20,000 7,800 9,000 5.400 281,200 _(12,400) 268,800 What is Jack's income tax liability for 2020 (before any potential "other taxes"? (Round your answer to the nearest dollar.) Multiple Choice $66,355 $65,515 $62.995 D. $68,875
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