Question: 1 1 . In 2 0 2 3 , Will Smith and Jada Pinkett - Smith, a married couple filing Married Filing Jointly with a

11. In 2023, Will Smith and Jada Pinkett-Smith, a married couple filing Married Filing Jointly with a taxable income of $450,000.00 has a marginal tax rate of: a )32% b)35% c )37% d )24% e) None of these 12. What is the current maximum tax rate for long-term capital gains for a single filer in the year 2023? a )15%b )20% c )25%d )30%13. Blake Shelton and Gwen Stefani, married in July of 2021. Their joint taxable income for 2023 is $313,000.00. They have capital gains of $ 75,000.00. What is their current capital gains rate? a )15% b )20% c )25% d )30% of14. Allison Holker is a single mother of 4 and has taxable income of $525,000.00, including $125,000.00 in capital gains for the year ending in 2023. What is her current capital gains rate ? a )15 b )20% c )25% d )30%15. In 2023, the maximum Earned Income Tax Credit (EITC) a taxpayer filing as Head of Household (HOH) with two qualifying children can claim is: a ) $15,604.00 b ) $7,430.00 c ) $6,935.00d ) $6,604.0016. In 2023, the maximum Earned Income Tax Credit ( EITC) a taxpayer filing as Single with no qualifying children can claim is: a ) $ 560.00 b ) $600.00 c ) $ 0.00 d ) $3,995.00

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