During 2022, Maryjane, a single taxpayer, received the following gains and losses: LTCG LTCL STCG STCL...

Transcribed Image Text:

During 2022, Maryjane, a single taxpayer, received the following gains and losses: LTCG LTCL STCG STCL a. O $10,000 3,000 2,000 7,000 How much is Maryjane's tax liability if she has taxable income of $34,000 and is in the 12% tax bracket? How much is Maryjane's tax liability if her taxable income is $195,000 and her tax bracket is 32% (not 12%)? During 2022, Maryjane, a single taxpayer, received the following gains and losses: LTCG LTCL STCG STCL a. O $10,000 3,000 2,000 7,000 How much is Maryjane's tax liability if she has taxable income of $34,000 and is in the 12% tax bracket? How much is Maryjane's tax liability if her taxable income is $195,000 and her tax bracket is 32% (not 12%)?

Answer rating: 100% (QA)

a Maryjanes Tax Liability Given Taxable Income 34000 Tax Bracket 12 Calculation Longterm capital gai... View the full answer