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Martha Is Unmarried with One Dependent and Files as Head

question 70

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Martha is unmarried with one dependent and files as head of household. She had 2017 taxable income of $45,000 which included $16,000 of 0%/15%/20% net long-term capital gain. What is her tax on taxable income using the alternative tax on net long-term capital gain method?


Definitions:

Cognitive Therapy

A form of psychotherapy that aims to change negative patterns of thinking to improve an individual's mood and behaviors.

Reasoning

The cognitive process of looking for reasons, forming conclusions, judgments, or inferences from facts or premises.

Decatastrophize

A cognitive-behavioral therapy technique that involves reducing the irrational fear associated with exaggerated or worst-case scenario thinking.

Psychotherapy

A treatment method for mental health issues that involves talking with a therapist to explore and overcome personal challenges.

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