Mathematics, 30.04.2021 22:50, naiomireyes74p2aybs
Alex is a single taxpayer with $80,000 in taxable income. His investment income consists of $500 of qualified dividends and short-term capital gains of $2,000. Use the tables to complete the statement. Single Taxpayers: Income Brackets Tax Rate Income Bracket 10% 0 to 9,525 12% 9,526 to 38,700 22% 38,701 to 82,500 24% 82,501 to 157,500 32% 157,501 to 200,000 35% 200,001 to 500,000 37% > 500,000 Single Taxpayers: Qualified Dividends and Long-Term Capital Gains Tax Rate Income Bracket 0% 0 to 38,600 15% 38,601 to 425,800 20% > 425,800 Alex will owe $ in taxes on his investment income.
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