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Val, a single taxpayer, earned $110,000 in 2020 as an accounting consultant. She has no other income besides a $30,000 net capital gain. What is
Val, a single taxpayer, earned $110,000 in 2020 as an accounting consultant. She has no other income besides a $30,000 net capital gain. What is her taxable income (without considering self-employment tax)?
a. $105,600
b. $127,600
c. $108,080
d. $120,480
e. None of the answers provided is correct.
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