Mathematics, 04.06.2020 13:25 maria5633
Laura is a single taxpayer. She has $35,000 in ordinary taxable income and $5,000 in capital gains on an investment she held for 2 years. Use
the tables to complete the statement.
Single Taxpayers: Income Brackets
Tax Rate Income Bracket
10%
O to 9,525
12%
9,526 to 38,700
38,701 to 82,500
22%
Single Taxpayers: Qualified
Dividends and Long-Term
Capital Gains
Tax Rate Income Bracket
0%
O to 38,600
38,601 to 425,800
20%
> 425,800
24%
82,501 to 157,500
15%
32%
157,501 to 200,000
200,001 to 500,000
35%
37%
> 500,000
The tax rate Laura will pay on her investment income is
9.
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