Angelena files as a head of household. In 2019, she reported $53,450 of taxable income, including a $10,000 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? I split up the the income: 43,450 ordinary income 10,000 qualified dividend income and got these as the tax liability: 1500 for the $10,000 qualified dividend 1395 + 3552 for the ordinary income total : 6437 but the answer is 5042 I'm a bit stuck on what I've done wrong.

Angelena files as a head of household. In 2019, she reported $53,450 of taxable income, including a $10,000 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? I split up the the income: 43,450 ordinary income 10,000 qualified dividend income and got these as the tax liability: 1500 for the $10,000 qualified dividend 1395 + 3552 for the ordinary income total : 6437 but the answer is 5042 I'm a bit stuck on what I've done wrong.

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter16: Property Transactions: Capital Gains And Losses

Section: Chapter Questions

Problem 47P

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