The following information applies to the questions displayed below.) Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates. Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Problem 8-50 Part-a a. All of her income is salary from her employer. Tax liability The following information applies to the questions displayed below.] Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates. Estates and Trusts for reference (Do not round intermediate calculations. Round your answer to 2 decimal places.) Problem 8-50 Part-b b. Her $42,300 of taxable income includes $3.900 of qualified dividends. Tax liability The following information applies to the questions displayed below) Lacy is a single taxpayer In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates. Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Problem 8-50 Part-c c. Her $42,300 of taxable income includes $6,400 of qualified dividends Tax liability 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over $9,700 $ 39,475 $ 84,200 $4,543 plus 22% of the excess over $39,475 $ 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628.50 plus 35% of the excess over $204,100 $510,300 $153,798,50 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: SOS $ 19,400 10% of taxable income $ 19,400 $ 78,950 $1,940 plus 12% of the excess over $19,400 $ 78,950 $168,400 $9,086 plus 22% of the excess over $78,950 $168,400 $321,450 $28,765 plus 24% of the excess over $168,400 $321,450 $408,200 565,497 plus 32% of the excess over S321,450 $408,200 5612,350 $93,257 plus 35% of the excess over $408.200 $612,350 15164,709.50 plus 37 of the excess over $612,350 Schedule Z Head of Household If taxable income is over: But not over: $ 0 $ 13,850 $ 52,850 $ 52,850 $ 84,200 $ 84,200 $160,700 $160,700 $204,100 $204,100 $510,300 $510,300 The tax is: 10% of taxable income $1,385 plus 12% of the excess over $13,850 $6,065 plus 22% of the excess over $52,850 $12,962 plus 24% of the excess over $84,200 $31,322 plus 32% of the excess over $160,700 $45,210 plus 35% of the excess over $204,100 $152,380 plus 37% of the excess over $510,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: S 0 $ 9,700 10% of taxable income $ 9,700 S 39,475 $970 plus 12% of the excess over $9,700 $ 39,475 S 84,200 $4,543 plus 22. of the excess over $39,475 S 84,200 $160,725 $14,382.50 plus 24% of the excess over $84.200 $160,725 S204,100 $32,748.50 plus 32% of the excess over $160.725 $204,100 $306,175 546,628.50 plus 35% of the excess over S204,100 S306,175 $82,354.78 plus 37of the excess over $306,175 Taxable income Rate Married Filing Jointly Married Filing Separately Single Head of Household Trusts and Estates 50 - $78.750 0.519375 5 0 $19.375 0.552750 159 $78,751-5488.850 $39,376 - $244,425 $39,376 - $434.550 551,751 - $461,700 2,651 - $12,950 6 20% 5 188,851+ 244426+ $434.551+ $161.701 $12.951+ *This rate applies to the net capital games and qualified dividend thar fall within the range of taxable income specified in the table that capital gain and qualified dividends are included in table come last for the purpose Estates and Trusts But not The tax is: If taxable income is over: over: $ 0 $ 2.600 10% of taxable income $ 2.600 S 9.300 S260 plus 24% of the excess over $2.600 $ 9.300 $12.750 S1,868 plus 35% of the excess over 50.300 $12.750 $3.075 50 plus 37 of the excess over $12.750