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sonal taxes Salary B C 0 D E F G $77,000.00 Tax Table for Single Individuals: Dividend Income Interest Income LT Stock Sale LT

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sonal taxes Salary B C 0 D E F G $77,000.00 Tax Table for Single Individuals: Dividend Income Interest Income LT Stock Sale LT Stock Cost ST Stock Sale ST Stock Cost $17,500.00 $3,700.00 $22,500.00 $6,500.00 $9,000.00 $5,300.00 Personal Exemption $4,000.00 Itemized Deductions $7,500.00 Apllicable Tax Rate on Dividends & LT Capital Gains 15.00% a. Calculation of Federal Tax Liability Calculation of Taxable Income: Salary Percentage Amount Paid on Excess Taxable Income on Base over Base $0.00 $0.00 10.00% $9,225.00 $922.50 15.00% $37,450.00 $5,156.25 $90,750.00 $18,481.25 28.00% 25.00% Formulas $77,000.00 #N/A Interest Income $3,700.00 #N/A ST Capital Gains $19,700.00 #N/A Income before Exemption and Deductions $100,400.00 #N/A Personal Exemption $4,000.00 #N/A Itemized Deductions $7,500.00 #N/A Taxable Income before Dividends & LT Capital Gains $88,900.00 #N/A Taxes on Taxable Income Before Dividends & LT Capital Gains: Tax Liability on Base of Bracket #N/A Tax Liability on Excess over Base $0.28 #N/A #N/A Tax on Taxable Income before Dividends & LT Capital Gains Taxes on Dividends & LT Capital Gains: Dividend Income LT Capital Gains Income Total Dividend & LT Capital Gains Income Tax on Dividends & LT Capital Gains Income Total Federal Tax Liability Calculation of Marginal Tax Rate #N/A #N/A #N/A #N/A #N/A $189,750.00 $46,075.25 33.00% $411,500.00 $119,401.25 35.00% $413,200.00 $119,996.25 39.60% Give Fe

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