Question: than sone one with a higher incor the progressice tox income from her job was $ 6 0 , 0 0 0 and she earned

than sone one with a higher incor the progressice tox income from her job was $60,000 and she earned $100 interest incom club raffle. During the year, she sold $200 in qualified dividends on stock. She won $500 from a local Rously for $5000. During the year, she Rottenapple stock for $9000 that she had purch
contributed $5000 to her regular IRA account.
a. Compute the amount of her adjusted gross income for 2024.(2 points)
b. What is her taxable income for 2024?(2 pts)
What is her tax liability for 2024?(2 pts)
Stan, age 34, is single, and has $60,000 of wage income in 2024. He uses the standard deduction. Please
answer the following questions from Stan. Treat each scenario independently. (2 pts each)
a. If he receives a $10,000 bonus, how does that affect his tax liability?
b. If he sells "Stock A" and generates a $4,000 long term capital loss, how does that effect his 2024 AGI
and tax liability?
c. If he sells "Stock B" and generates a $1000 long term capital gain, how does that effect his 2024 AGI
and tax liability?
If he sells "Stock C" and generates a $1000 short term capital gain, how does that effect his 2024 AGI
and tax liability?
 than sone one with a higher incor the progressice tox income

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