2. Preferential Rates Income: Determine the taxpayer’s incometax liability for 2020 for each of the scenarios.
a. Henrich is married to Sally and their taxable income is$81,000. Included in their taxable income is $1,500 of long-termcapital gains.
b. Henrich is married to Sally and their taxable income is$81,000. Included in their taxable income is $10,000 of long-termcapital gains.
c. Henrich is single but provides all of the support for his 10year-old son. His taxable income is $512,000, which includes$16,000 of qualified dividends
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