Answered: Mark's wite left him a few years ago.…

Mark's wite left him a few years ago. in 2021, he filed as head of household. In 2021, he reported $58,700 of taxable income, including a $15,700 qualified dividend. What is his gross tax liability?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Subject : Accounting

Mark's wite left him a few years ago. in 2021, he filed as head of household. In 2021, he reported $58,700 of taxable income, including a $15,700 qualified dividend. What is his gross tax liability?

1. 4867

2. 5302

3. 6367

4. 6157

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