Essay
Samuel, head of household with two dependents, has 2012 wages of $26,000, paid alimony of $3,000, has taxable interest income of $2,000, and a $12,000 0%/15% net long-term capital gain. Samuel uses the standard deduction and is age 38. What is his 2012 taxable income and the tax on the taxable income?
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Samuel has $16,900 taxable income and th...View Answer
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