Multiple Choice
Jamie is single. In 2020, she reported $105,000 of taxable income, including a long-term capital gain of $5,500. 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) $15,750
B) $19,405
C) $18,785
D) $18,035
Correct Answer:
Verified
Correct Answer:
Verified
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