Martha Is Unmarried with One Dependent and Files as Head

question 82

Essay

Martha is unmarried with one dependent and files as head of household.She had 2019 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:

Digital Music Player

A portable electronic device designed to play digital audio files, such as MP3s, without needing physical media like CDs.

Fair Credit Reporting Act

A federal law in the United States designed to ensure the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.

Credit Agency Corporation

An entity that collects and provides information on the creditworthiness of individuals and businesses, influencing lending decisions.

Erroneous Information

Incorrect, inaccurate, or false data that may lead to improper decisions or conclusions.