Essay
Samuel,head of household with two dependents,has 2014 wages of $26,000,paid alimony of $3,000,has taxable interest income of $2,000,and a $12,000 0%/15%/20% net long-term capital gain.Samuel uses the standard deduction and is age 38.What is his 2014 taxable income and the tax on the taxable income?
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Samuel has $16,050 taxable income and th...View Answer
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Correct Answer:
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