Question: . His $ 5 3 6 , 0 0 0 of taxable income includes $ 5 1 , 0 0 0 of long - term

. His $536,000 of taxable income includes $51,000 of long-term capital gain that is taxed at preferential rates, and $8,240 of deductible state income taxes. Assume his modified AGI (and AGI) is $594,000.
Her $55,400 of taxable income includes $9,400 of qualified dividends.

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