Question: Please simplify and conduct a step by step What is the tax liability for an individual with $52,000 of income, which includes $2,000 of dividends,

Please simplify and conduct a step by step What is the tax liability for an individual with $52,000 of income, which includes $2,000 of dividends, if the tax rate is 20 percent on income up to $25,350 and 28 percent on income over $25,350?

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