1. Miley, a single taxpayer, plans on reporting $32,775 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By how much will the income from the second job increase her tax liability in 2022**? (Use the 2022 tax rate schedules: https://bit.ly/3E4xBSk) Show me your work for this year

a. $1,000

b. $1,200

c. $1,300

d. $2,400

2. Jamie is single. In 2022**, she reported $100,000 of taxable income, including a long-term capital gain of $5,000. What is her gross tax liability? Show me your work for this year. (Use the 2022 tax rate schedules, long-term capital gains tax brackets at the links: https://bit.ly/3E4xBSk & https://bit.ly/3X3bl46)

a. $15,000

b. $17,836

c. $17,386

d. $16,636

Answer rating: 100% (QA)

1 b 1200 For Mileys additional 10000 of taxable income her tax lia... View the full answer