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Jamie Is Single

Question 174

Multiple Choice

Jamie is single. In 2020, she reported $100,000 of taxable income, including a long-term capital gain of $5,000. What is her gross tax liability? (Round your answer to the nearest whole dollar amount.) (Use the tax rate schedules, long-term capital gains tax brackets.)


A) $15,000
B) $18,080
C) $17,630
D) $16,975

Correct Answer:

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