Suppose Shen is in the 22% tax bracket. Compute the taxes Shen pays each year on...
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Suppose Shen is in the 22% tax bracket. Compute the taxes Shen pays each year on dividends and capital gains from this investment by completing the second column in the table. Note: Throughout this problem, please round your answers to the nearest cent. Amount Taxes Owed Year 1 Dividends: $ $ Capital Gains: $ $ Year 2 Dividends: $ $ Capital Gains: $ $ The total amount of investment income (pre-taxes) that Shen earned on this investment over the course of 2 years is $ The total amount that Shen pays in taxes on income from this investment income is $ Suppose Shen is in the 22% tax bracket. Compute the taxes Shen pays each year on dividends and capital gains from this investment by completing the second column in the table. Note: Throughout this problem, please round your answers to the nearest cent. Amount Taxes Owed Year 1 Dividends: $ $ Capital Gains: $ $ Year 2 Dividends: $ $ Capital Gains: $ $ The total amount of investment income (pre-taxes) that Shen earned on this investment over the course of 2 years is $ The total amount that Shen pays in taxes on income from this investment income is $
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