Gita is a single taxpayer earning $50,000 in wages this year.
In addition, she received $...
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Mathematics, 21.05.2020 21:02 yasminnishkan
Gita is a single taxpayer earning $50,000 in wages this year.
In addition, she received $750 in nonqualified dividends and $2,500 in capital gains from a stock she held for 10 months.
Use the following 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
Gita must pay $ (blank) in taxes on her investment income.
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