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Jamie is single. in 2017, she reported $104,000 of taxable income, including a long-term capital gain of $5,400. what is her gross tax liability, rounded to the nearest whole dollar amount
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Jamie is single. in 2017, she reported $104,000 of taxable income, including a long-term capital gain of $5,400. what is her gross tax liability, rounded to the nearest whole dollar amount

User Kane Cohen
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$95,000 of the taxable income is taxed at the ordinary rates and $5,000 of the taxable income is taxed at 15%.
User Orak
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