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Compute Wilma tax liability and the tax savings

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Reference no: EM132671230

Problem - For 2019, Wilma has properly determined taxable income of $36,000, including $3,000 of unrecaptured § 1250 gain and $8,200 of 0%/15%/20% gain. Wilma qualifies for head-of-household filing status. Compute Wilma's tax liability and the tax savings from the alternative tax on net capital gain.

Reference no: EM132671230

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