Question: Required information Problem 8 - 5 0 ( LO 8 - 1 ) ( Algo ) Skip to question [ The following information applies to

Required information
Problem 8-50(LO 8-1)(Algo)
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Lacy is a single taxpayer. In 2024, her taxable income is $51,800. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference.
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Problem 8-50 Part c (Algo)
c. Her $51,800 of taxable income includes $5,800 of qualified dividends.

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