Question: Wayne is singie and has no dependents. Without considering his $11,000 austed net capital gain (ANCG), his taxable income, which includes no ivestment income, in
Wayne is singie and has no dependents. Without considering his $11,000 austed net capital gain (ANCG), his taxable income, which includes no ivestment income, in 2016 is as folows: (aick the icon to view the 2016 taxable income data) Click the icon to view the 2016 tax rate schedule for the Single filing status.) (Cick the ioon to view the standard deducton and personal and dependency exemption amounts.) Requirements a What is Wayne's tax lablity without the ANCG? b. What is Wayne's tax lability with the ANCG? Requirement a. What is Wayne's tax lability without the ANCG? (Do not ound intermediary calculations. Enter the amount you input in the cell to the nearest cent Wayne's tax lability withourt the ANCG is 55551 Requirement b. What is Wayne's tax liability with the ANCG? Begin by compting wayne's taxable icorne with ANCG.(Do not round itemmediary lations. driy round the amount you ipt inthe cei to the nearest whole dolar.) AGI before ANCO ANCO .75 AGi before ANCG 218250 ANGG AGI with ANCO Minus 229250 Itemized deductions Taxable income with ANCO Choose from any list or enter any number in the input fields and then continue to the next
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