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Business, 28.12.2020 08:50 tristanthecat

Laura is a single taxpayer. She has $35,000 in ordinary taxable income and $5,000 in capital gains on an investment she held for 2 years. Use the tables to complete the statement. Single Taxpayers: Income BracketsTax RateIncome Bracket10%0 to 9,52512%9,526 to 38,70022%38,701 to 82,50024%82,501 to 157,50032%157,501 to 200,00035%200,001 to 500,00037%> 500,000Single Taxpayers: Qualified Dividends and Long-Term Capital GainsTax RateIncome Bracket0%0 to 38,60015%38,601 to 425,80020%> 425,800

The tax rate Laura will pay on her investment income is %.

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Laura is a single taxpayer. She has $35,000 in ordinary taxable income and $5,000 in capital gains o...

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