Tax Rates for Net Capital Gains and Qualified Dividends Rate Taxable Income Married Filling Married Filing Jointly $O-$77.200 Single Head of Household Trusts and Estates $0- $2.600 Separately 0% 15% | S77,201 . S479.000 | $38.601-S239.500 | $38.601-S425.800 | S51.701-S452.400 | $2.601-SI 2.700 20% This tate applies to the net capital gains and qualified dividends that fall within the range of taxable income specafied in the table (net capital $0-$38,600 S0-$38,600 SO- $51.700 $479.000+ $239.500+ $425.801+ $452.401-+ $12.701+ gains and qualified dividends are inchuded in taxable income lant for this purpose) Check my work Required information The following information applies to the questions displayed belowj In 2018, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support. What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 1 of 4 0.25 points eBook Print References o. She received $7,500 from a part-time job. This was her only source of income. She is 16 years old at year-end Check my work 2 Required information Part 2 of 4 The following information applies to the questions displayed below.] In 2018, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) 0.25 points eBook Print b. She received $7,500 of interest income from corporate bonds she received several years ago. This Referencesis her only source of income. She is 16 years old at year-end iability 3 0 Required information The following information applies to the questions displayed below) In 2018, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 3 of 4 025 points eBook Print c. She received $7,500 of interest income from corporate bonds she received several years ago. This is Referencesher only source of income. She is 20 years old at year end and is a full-time student Check my work 4 Required information The following information applies to the questions displayed below.] In 2018, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Part 4 of 4 0.25 points eBook Print d. She received $7,500 of qualified dividend income. This is her only source of income. She is 16 years Referencesold at year-end Tax liability
