Question: Hello, I need help with this accounting question. Required information [The following information applies to the questions displayed below. ] Lacy is a single taxpayer.

Hello, I need help with this accounting question.

Hello, I need help with this accounting question. Required information [The followinginformation applies to the questions displayed below. ] Lacy is a singletaxpayer. In 2020, her taxable income is $43,000. What is her taxliability in each of the following alternative situations? Use Tax Rate Schedule,

Required information [The following information applies to the questions displayed below. ] Lacy is a single taxpayer. In 2020, her taxable income is $43,000. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round intermediate calculations.) c. Her $43,000 of taxable income includes $6,000 of qualified dividends. (Round your answers to 2 decimal places.) 2020 Tax Rate Schedules Individuals Schedule X-Single . taxable income is $ 9,375 $ 40,125 $ 85,525 $163,300 $14,605.50 plus 24% of the excess over $85,525 $163,300 $207 ,350 $33,271.50 plus 32% of the excess over $163,300 $207,350 $518,400 $47,367.50 plus 35% of the excess over $207,350 $518,400 $156,235 plus 37% of the excess over $518,400 Tax Rates for Net Capital Gains and Qualified Dividends Taxable Income Rate* Married Filing Jointly Married Filing Separately Single Head of Household Trusts and Estates 0% $0 - $80,000 $0 - $40,000 $0 - $40,000 $0 - $53,600 $0 - $2,650 15% $80,001 - $496,600 $40,001 - $248,300 $40,001 - $441,450 $53,601 - $469,050 $2,651 - $13,150 20% $496,601+ $248,301+ $441,451+ $469,051+ $13,151+ *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table ( net capital gains and qualified dividends are included in taxable income last for this purpose).If taxable income is over: But not over: The tax is: $ 0 $ 2,600 10% of taxable income $ 2,600 $ 9,450 $260 plus 24% of the excess over $2,600 $ 9,450 $12,950 $1,904 plus 35% of the excess over $ 9,450 $12,950 $3,129 plus 37% of the excess over $12,950

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